What you Need to Know About the Ruling on Campaign Finance Law
There is actually a need to point out that the courts have opted to maintain the ban on corporations extending donations to political campaigns. You will realize that around 90% of Americans prefer having the role of money in politics to be put under control. This is why so many people have been eagerly waiting for this ruling on whether corporates will be allowed to contribute in future. It is evident that not all will appreciate the decision that the Supreme Court has chosen to go for. They chose not to consider removing the ban on campaign finance. You will get to understand more about this particular ruling as you keep on reading.
It is important for us to start with understanding that nothing new took place in the court. The Supreme Court just chose to go by what the previous ruling on the campaign finance laws was without considering its challenges. As such, no corporate will be free to donate their money to campaigns or even candidates. This decision has resulted in curtailing the ballooning role of corporates in the political field. It was barely uncommon for these corporates to donate to political campaigns every now and then right then. This would have been allowed in case the money was not directly associated to particular individuals. You will learn that this case was brought to court by two companies from Massachusetts. The aim of this case was to make sure that a boost in financial responsibility and even economic opportunities is enriched. It is recommended for you to consider a good lawyer whenever presenting such a case.
Seek to ensure that you are familiarized with the legal argument in this case. It is imperative to mention that these companies indicated that the first amendment rights of companies was not being considered. The argument was that political donations were actually part of freedom of speech. They also invoked the constitution which seeks to protect every individual equally. It is evident that nonprofit as well as charity organizations are not allowed to finance any of these political campaigns. This means that they are treated differently from corporate entities. This certainly goes against what the dictates of the constitution are.
You will learn that the ruling made by the High Court was stuck to. This ruling claimed that corporates are not allowed to donate money to political campaigns. This is because it could easily lead to corruption in politics. As such, no political candidate will be allowed to receive any political donation from corporations.