Feb 20 2013
Forbes: SCOTUS Poised To Take Next Step On the Road To Total Political Domination By The Wealthy?
The United States Supreme Court on Tuesday agreed to hear the case that opens the door to the final destruction of the campaign finance laws that place a limit on how much money an individual can contribute directly to a federal candidate or national political party.
Now that the infamous Citizens United case, decided in 2010, has removed limits on how much a corporation, union and individual can contribute to groups that are ‘unaffiliated’ with candidates and political parties—leading to the creation and domination of the Super PAC—the Court, by agreeing to hear yet another challenge to campaign finance laws, is poised to take the next step toward finishing off all campaign limits by freeing individuals to give candidates and their political parties unlimited sums of money.
As the law currently stand for calendar years 2013-14, individual donors are limited to giving contributions to candidates for federal offices up to a maximum of $123,200 during an election cycle (two years) with a limit of $2,600 to an individual candidate, $32,400 to a national political party, $10,000 to a state political party and $5,000 to any other political committee affiliated with a candidate or political party.
However, an Alabama political donor—joined by the Republican National Committee—believes that the limitation of $123,200 placed on an individual donor during an election cycle is ‘unconstitutionally low’ and want the highest court in the land to remove the cap.
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