"Keeping Tax-Subsidized Corporate Money Out of Politics"
My Loyola colleague Ted Seto has written this article for Tax Analysts. Here is the abstract:
Citizens United poses a special threat to the integrity of the U.S. tax system. The article identifies the special nature of the problem and proposes a possible solution. Specifically, it proposes that listed tax subsidies be disallowed to C corporations that spend more than some de minimis amount (e.g., $1 million per year) on nondeductible lobbying and/or political activities.
The 2-page article is well worth reading by anyone thinking about creative, constitutional ways Congress could deal with CU.
Posted by Rick Hasen at July 5, 2010 07:35 AM