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How Wealthy Special Interest Groups Spend Billions Using The Supreme Court! Pastry ASMR
The video discusses the impact of court cases on campaign finance laws in the United States. The Davis v FEC case struck down the Millionaire's Amendment, allowing wealthy candidates' opponents to bypass contribution limits. In 2010, the Citizens United v FEC case ruled that corporations and other associations could make independent donations for political campaigns, creating super PACs and non-profits that keep their funding sources secret. The McCutchen v FEC case in 2014 further expanded on this by declaring contribution limits unconstitutional, allowing for the growth of joint fundraising committees that solicit extensive checks from wealthy donors. Overall, these court decisions have led to increased independent spending by wealthy donors and eroded transparency in campaign finance.
00:05:00 In this section explains that the court has affirmed the prohibition on direct corporate contributions to candidates and parties and the need for campaign contributions to be disclosed to the public. However, the majority's decision granting new powers to dark money groups has undermined this assurance, making it easier to hide the sources of campaign funding.
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This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon.
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