WSJ: Campaign Finance Deregulation Possibilities

This could get very interesting, if it happens:

Under one deregulatory measure in the spending package, churches may be able to contribute to candidates without fear of losing their tax-exempt status, furthering President Donald Trump’s promise to “get rid of and totally destroy” a law that forbids such activity.

Corporations also would be able to ask their employees to donate to unlimited numbers of trade associations’ political-action groups instead of limiting employee solicitations to one group per year.

Other measures included in the bill would continue to prevent the Internal Revenue Service and the Securities and Exchange Commission from implementing rules that would affect political activities of 501(C)(4) nonprofits and publicly traded corporations, respectively.

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