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As the law stands, companies can't donate directly to candidates. And certain types of political expenditures require disclosure, either by the donor or the recipient. But companies can secretly give unlimited amounts to independent political advocacy groups designed to get around the disclosure laws.
Some $315 million of this "dark money" flowed into the 2012 elections, according to the U.S. Public Interest Research Group. And there is no way of knowing how much might have come from publicly traded corporations.
If the Supreme Court is intent on allowing corporations to spend unlimited amounts of shareholders' money on political causes, the least shareholders can expect is the information they need to raise a stink.
Tools & Resources
Our Changing Relationship with Driving and the Implications for America’s FutureU.S. PIRG Education Fund
Corporations Able to Secure Tax Deductions for Mortgage Violations, Price-Fixing and Other Misconduct, But Two Bipartisan Bills Would AddressU.S. PIRG
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