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The lines between politics and business continue to blur. Is there anything to prevent Facebook from fully funding a Zuckerberg campaign? I could see them argu
by everdev 9y ago
The lines between politics and business continue to blur.
Is there anything to prevent Facebook from fully funding a Zuckerberg campaign? I could see them arguing that it's a marketing expense as Trump went from household name to the object of everyone's attention during his run for President.
- nathantotten 9y agoNot my scope of expertise, but I believe corporations are prohibited from donating money directly to a candidate based on federal campaign laws. They could of course give money to an action committee, but there are lots of restrictions on coordination between the two. So I guess Facebook could fund his campaign via a PAC as long as Zuckerburg himself had nothing to do with the strategy. That would be an odd campaign. More likely Zuckerberg could fund the campaign himself via gifts or loans - this is what Trump did (not fully of course, but he did gift/loan some money).
- uptown 9y ago"but there are lots of restrictions on coordination between the two" This hasn't been true or enforced. https://theintercept.com/2016/10/07/both-campaigns-enthusiastically-violate-ban-on-super-pac-coordination-watchdog-says/ https://theintercept.com/2016/10/07/both-campaigns-enthusias...
- adamnemecek 9y ago> The lines between politics and business continue to blur. welcome to the us of a.
- nugi 9y agoNot limited to any single country. A few seem thus immune, but the facade always crumbles it time it seems.