pacs

(Brittany Loubier)

How Employers Use Charity To Make Barely-Legal Political Contributions

Though corporations can create and sponsor a political action committee, they aren’t allowed to donate directly to PACs using funds from their general treasuries; that’s straight-up against the law. Nor are companies allowed to pay or reimburse employees for donating to particular PACs. But there is a loophole in the law that allows large companies like Boeing, Coca-Cola, and Walmart to encourage workers to donate to particular political groups, and that loophole is all about charitable matching. [More]