🚨 THIS IS HOW BILLIONAIRES AND CORPORATIONS PURCHASE POLITICAL INFLUENCE—WITHOUT WRITING A CHECK DIRECTLY TO A CANDIDATE
America limits direct contributions to politicians, but the mega-rich have built a political-financing network around those limits.
First, a billionaire establishes or finances a 501(c)(3) charitable foundation. The donation may be tax-deductible. That foundation cannot legally support candidates, but it can finance research, universities, litigation, media projects, public-policy organizations and “nonpartisan” voter programs that shape public opinion.
Next comes a related 501(c)(4) advocacy organization. Its donations generally are not tax-deductible, but it may lobby lawmakers, promote policies and participate in limited political activity.
Finally, a super PAC can accept unlimited money from billionaires and corporations and spend tens of millions of dollars supporting or attacking candidates, as long as that spending is legally classified as “independent.”
On paper, these organizations are separate. In practice, they can advance the same policies, use overlapping political networks and benefit the same candidates.
A corporation cannot give $50 million directly to a senator. But a super PAC can spend $50 million helping elect that senator. The law calls that “independent spending.” Americans may reasonably ask how independent it really is when donors, consultants and political operatives move within the same circles.
The result is a political system in which ordinary Americans contribute $20 or $50, while billionaires and corporations can finance entire influence networks. After the election, those interests lobby for contracts, subsidies, tax tax provisions and regulations worth billions.
An explicit exchange of money for an official action is bribery and already illegal. The larger problem is the enormous legal gray area between a contribution and a provable quid pro quo. Money buys advertising, access and influence, even when prosecutors cannot prove that it purchased one particular vote or contract.
Congress should:
• Require immediate disclosure of every major political donor.
• Reveal the original donors behind politically active nonprofits.
• Impose meaningful limits on super-PAC contributions.
• Strengthen the definition of prohibited coordination.
• Prevent federal contractors from financing groups supporting officials responsible for their contracts.
• Enforce strict separation between tax-deductible charities and partisan political networks.
• Give campaign-finance regulators the authority and resources to enforce the law.
This is not exclusively a Republican or Democratic problem. Both parties benefit from the existing system, which helps explain why meaningful reform rarely advances.
A tax-deductible charity cannot legally donate directly to a candidate. But wealthy interests can construct interconnected networks of charities, advocacy organizations, lobbying operations and super PACs capable of shaping elections and government policy.
If one person or corporation can spend $50 million influencing an election, how equal is the political voice of an ordinary American?
Government should answer to voters, not to the largest political financiers.
IRS rules: https://t.co/WZLmCaOuSU
FEC contribution rules: https://t.co/KrV4mlgmA7
I have the nickel battery M3LR, but I typically drive less than 50 miles a day. I charge to 50% and just leave the car plugged in when it isn't in use. I understand that keeping the car plugged in cuts down on charging cycles since the car pulls the minimal amount of current it uses while sitting from the charger instead of the baytery.
@EricLDaugh The goal isn't necessarily an outright win against election integrity efforts - it's to delay the process until it has no effect. The judge likely anticipated the Supreme Court's ruling and left open the loophole so the process could be delayed beyond the point where it matters.
Do you understand what happens when we deport ALL the illegal immigrants?
- Housing prices plummet
- Crime dramatically decreases
- Insurance rates fall
- Hospital overcrowding eases
- Emergency rooms become less strained
- Classrooms become less crowded
- Wages increase
- Insurance rates drop
- Traffic decreases
- Rent prices fall
- Welfare spending plummets
- Competition for starter homes drops
- Court systems because less burdened
- Nearly all prices on everything drops
- All government services are less strained
- Teenagers can get good jobs again
Literally every single thing in life gets better if we just deport all of the illegal immigrants in this country.
@squawksquare I typically do not sell shorts, but I suspected something like this would happen so sold contract to open last week. Glad I did. It isn't the way I want to profit from Tesla, but it is something.
They seek to undermine and dismantle Western civilization, but they cannot admit it openly, lest people resist and stop them.
So they champion multiculturalism as a Trojan horse.
Question the project, and you’re branded intolerant or bigoted.
Meanwhile, in the background, their real agenda of erosion proceeds unchecked.
@DerrickEvans4WV I can never vote for anyone with a D tag again - it is crazy they are doing this to our country. Tribal politics above doing their job.
🚨 JUST IN: There has just been a SHOOTING at Old Dominion University in Virginia, massive police presence now
The gunman is dead after injuring 2 people. Pray for their recovery 🙏🏻
Good riddance to that monster.
Unrealized gains tax for Gen-Z:
You buy a Pokémon card for $50.
Someone offers you $500 for it. You say no. You love that card. You're keeping it.
The government says: "Cool, but that card is worth $500 now. You owe us $100 in taxes."
You: "…I didn't sell it."
Government: "Don't care. Pay up."
You don't have $100 lying around. So you're forced to sell the card you love just to pay a tax on money you never received.
Next month? That card drops back to $50.
Your card is gone. Your money is gone. And the government shrugs.
That's a wealth tax on unrealized gains. They don't pay you back the tax...
Now picture this.
Your mom calls you crying. She has to sell the house she raised you in. Not because she can't afford it. She's lived there 30 years. It's paid off.
But some website says it's worth more now and the government says she owes $15,000 she doesn't have.
So she sells your childhood home. The kitchen where she made you breakfast. The doorframe where she marked your height every birthday.
Gone.
To pay a tax on money that was never real.
Now picture the opposite.
Your dad put everything into his small business. For 20 years he built it from nothing. One year the business is "valued" at $2 million on paper. He owes a massive tax bill. He empties his savings. Sells his truck. Borrows money. Pays it.
Next year the market crashes. His business is worth $200,000.
He lost everything to pay a tax on a number that doesn't exist anymore.
Does the government give him his money back?
No.
Does the government give him his truck back?
No.
Does the government care?
No.
They sold this idea as "taxing billionaires." But billionaires have armies of lawyers, offshore accounts, and trusts. They'll be fine.
You know who won't be fine? Your mom. Your dad. Your neighbor with a small business. The farmer down the road who's had the same land for four generations and now has to sell it because dirt got expensive.
You're not taxing wealth. You're taxing people for owning things.
It's like getting a parking ticket for a car you might drive somewhere someday.
They want you to own nothing and be happy. To fund the fraud, waste and abuse of the welfare state they created.
There is enough money. More tax isn't needed. It's all a lie. But you've been gaslit into believing this is a rich vs poor debate.
I hope you understand what's at stake.