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New Jersey Democrats are selling "transparency." Sometimes. Mostly when it comes to corporate political donations to candidates and causes they don't like. So they've concocted a scheme which would force all businesses in the state to report their political donations to the government.
The proposal has been led by Assemblyman Tim Eustace of Maywood. He said the effort was designed to avoid secret political influence and stemmed from the 2010 Citizens United ruling by the Supreme Court that rejected restrictions on corporate giving and eased certain limits on union contributions.
The new oversight would take two forms: Reports on a corporation's giving would be required with any application for tax breaks or development grants of any kind worth more than $25,000. Those reports would be compiled by each applicant, including donations for the past two years, and routinely updated to include new information.
A second layer of supervision would be put in place through the Treasury, which would have to file an annual report detailing political giving toward candidates or contributions to influence ballot questions, no later than four months after the fiscal year's end.
Among the kinds of donations that would be under additional scrutiny would be amounts given to candidates but also toward advertising or advocacy for or against a ballot measure.
Pretty much every company applies for tax breaks or state grants. Who doesn't appeal their property taxes at some point? And when you do, you'll have to wear your political affiliations on your sleeve.
Why do you suppose they want this information? To decide whether or not you're worthy, of course.
Assemblywoman Linda Stender, D-Union, the committee chairwoman, said the bill had particular focus on incentives from the Economic Development Authority, and would require the authority to look at the official disclosures as part of its considerations.
Contribute to the "wrong" candidates or causes, and no grants or tax breaks for you! In the interest of transparency.
I gotta wonder though, why no transparency for unions? Or non-profits? They get tax breaks and incentives too, don't they? Oh, but they're safely in the Progressive camp. So there's no need to scrutinize their political donations! Because why would they contribute to the "wrong" causes!
Yeah, the Democrats are so transparent, aren't they?
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