Last week the Supreme Court issued a landmark decision overturning restrictions on corporations’ political activity. The Consumerist reports that, in response, cranky rogue Florida congressman Alan Grayson has introduced a bill before Congress called the “Business Should Mind Its Own Business Act.” The BSMOBA would tax corporate political contributions and spendings on political ads at a rate of 500%.
I’m not sure what the odds are of this getting any traction, but one can always dream.
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