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Money Business

September 12, 2009

Constitutional Opinions

By Stacy Cline on 9.11.09 @ 6:07AM

Government can give, and it can also take away. With $3.55 trillion in annual federal spending, $2.5 trillion in regulatory compliance costs, and federal tax burdens of more than $2.9 trillion, every corporation has something to gain or lose in modern elections. After the Citizens United argument Wednesday, the Supreme Court seems poised to overturn campaign finance prohibitions on direct corporate advocacy in elections. Regardless of the outcome in this case, corporations will continue to rent-seek in exactly the same ways they do now.

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