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Welcome!. Grab the calendar at the front Begin reading the Citizens United ruling as a warm-up Make-ups for Super Quiz tomorrow and Thursday. Should Corporations be restricted on what they may donate to a campaign?. Group Discussions: Citizens United v. FEC (2010). Four Corners.
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Welcome! Grab the calendar at the front Begin reading the Citizens United ruling as a warm-up Make-ups for Super Quiz tomorrow and Thursday
Should Corporations be restricted on what they may donate to a campaign?
Group Discussions: Citizens United v. FEC (2010)
Four Corners Definitely No Unsure But Leaning No Unsure But Leaning Yes Definitely Yes
*Number 3 on hardest thing to learn in AP Gov CAMPAIGN FINANCE*
How things work • All federal election contributions and expenditures are reported to the F.E.C. • All contributions over $100 must be disclosed • No cash contributions over $100 or foreign contributions • Why? • No limit on how much a candidate may spend of their own money
Does money buy votes? No, but it does by access.
Hard money • "Hard" money is contributed directly to a candidate of a political party. It is regulated by law CANDIDATE
Soft Money • "Soft" money is contributed to the political party as a whole. PARTY
Independent expenditure • No restrictions on a candidate’s own money • Restrictions are a violation of free speech Buckley v. Valeo (1976)
PROVISIONS • Banned soft money to candidates • “Stand by your ads” • 527 loophole • Unregulated and unreported
A Donor Taxonomy *Corporations can direct limited contributions through their own political action committees (ATT Inc.), which use employee donations.
POLITICAL ACTION COMMITTEES • committee formed by a special-interest group to raise money for their favorite political candidates
A Donor Taxonomy *Corporations can direct limited contributions through their own political action committees (ATT Inc.), which use employee donations.
“527s” • tax-exempt organization named after a section of the United States tax code, 26 U.S.C. § 527 • Unregulated by the Federal Election Commission • Such organizations can legally engage in political activity, but funds from "soft money" contributions may not be spent on ads promoting the election or defeat of a specific candidate.
A Donor Taxonomy *Corporations can direct limited contributions through their own political action committees (ATT Inc.), which use employee donations.
A Donor Taxonomy *Corporations can direct limited contributions through their own political action committees (ATT Inc.), which use employee donations.
A Donor Taxonomy *Corporations can direct limited contributions through their own political action committees (ATT Inc.), which use employee donations.