4 ms·
It's true that individual contributions are limited to $2400 as of 2010. See the FEC restrictions: http://www.fec.gov/pages/brochures/contriblimits.shtml http:/
by Benjo 16y ago
It's true that individual contributions are limited to $2400 as of 2010. See the FEC restrictions:
http://www.fec.gov/pages/brochures/contriblimits.shtml http://www.fec.gov/pages/brochures/contriblimits.shtml
I would like to see more about the specific restriction on direction corporate contributions, as I wasn't able to find a reference to it.
However, because the free speech of an individual or corporations must be protected, nothing stops a corp from paying thousands of people to shout praises from a rooftop, either about a specific candidate or just a divisive campaign issue. Because money can fairly easily be translated into free speech or the opportunity for free speech (the attention of the public) it is very hard to effectively regulate. The best that has been done is regulation around the edges that require campaign commercial disclosures. Lately, even these restrictions have been called into question as well:
http://www.npr.org/templates/story/story.php?storyId=122805666 http://www.npr.org/templates/story/story.php?storyId=1228056...
- pacemkr 16y agoHere is the document from FEC that explains how corporations can get involved in election campaigns: http://www.fec.gov/pdf/colagui.pdf http://www.fec.gov/pdf/colagui.pdf It clearly states that corporations can't use their treasury to make contributions to campaigns. From what I gather, they can start a PAC but thats subject to the more or less the same limits as individual contributors.