High court voids overall contribution limits.

Spoonman

Gold Member
Jul 15, 2010
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Like liberals love to say. SCOTUS says. i really think it is time to put a tax on contributions

High court voids overall contribution limits.

http://news.yahoo.com/high-court-voids-overall-contribution-limits-141339263--finance.html

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....WASHINGTON (AP) — The Supreme Court struck down limits Wednesday in federal law on the overall campaign contributions the biggest individual donors may make to candidates, political parties and political action committees.

The justices said in a 5-4 vote that Americans have a right to give the legal maximum to candidates for Congress and president, as well as to parties and PACs, without worrying that they will violate the law when they bump up against a limit on all contributions, set at $123,200 for 2013 and 2014. That includes a separate $48,600 cap on contributions to candidates.
 

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