Sanders and Warren raking in the most tech industry dollars (theguardian.com) 16 points by jonathanbgn 6y ago ↗ HN
[–] danans 6y ago ↗ Kind of a misleading headline. Those candidates are raising the most from tech industry workers (both blue and white collar), not the companies themselves. [–] Monroe13 6y ago ↗ Companies cannot donate directly to political campaigns. [–] danans 6y ago ↗ True, but the article's headline implies that they are. [–] Cenk 6y ago ↗ While technically true saying that is misleading, since companies can and do make political donations through PACs.For example on November 12, “Google LLC NetPAC” donated $5000 to Devin Nunes’ campaign: https://twitter.com/Pinboard/status/1208199872668528641 [–] Monroe13 6y ago ↗ But the money in Netflix PAC comes from employees of Netflix, not from the company.Companies can make independent expenditures through a Super PAC, but companies cannot contribute directly to a campaign. [–] danans 6y ago ↗ Decisions about how to spend the monies contributed by those employees are made by the company, though.
[–] Monroe13 6y ago ↗ Companies cannot donate directly to political campaigns. [–] danans 6y ago ↗ True, but the article's headline implies that they are. [–] Cenk 6y ago ↗ While technically true saying that is misleading, since companies can and do make political donations through PACs.For example on November 12, “Google LLC NetPAC” donated $5000 to Devin Nunes’ campaign: https://twitter.com/Pinboard/status/1208199872668528641 [–] Monroe13 6y ago ↗ But the money in Netflix PAC comes from employees of Netflix, not from the company.Companies can make independent expenditures through a Super PAC, but companies cannot contribute directly to a campaign. [–] danans 6y ago ↗ Decisions about how to spend the monies contributed by those employees are made by the company, though.
[–] Cenk 6y ago ↗ While technically true saying that is misleading, since companies can and do make political donations through PACs.For example on November 12, “Google LLC NetPAC” donated $5000 to Devin Nunes’ campaign: https://twitter.com/Pinboard/status/1208199872668528641 [–] Monroe13 6y ago ↗ But the money in Netflix PAC comes from employees of Netflix, not from the company.Companies can make independent expenditures through a Super PAC, but companies cannot contribute directly to a campaign. [–] danans 6y ago ↗ Decisions about how to spend the monies contributed by those employees are made by the company, though.
[–] Monroe13 6y ago ↗ But the money in Netflix PAC comes from employees of Netflix, not from the company.Companies can make independent expenditures through a Super PAC, but companies cannot contribute directly to a campaign. [–] danans 6y ago ↗ Decisions about how to spend the monies contributed by those employees are made by the company, though.
[–] danans 6y ago ↗ Decisions about how to spend the monies contributed by those employees are made by the company, though.
6 comments
[ 3.3 ms ] story [ 27.3 ms ] threadFor example on November 12, “Google LLC NetPAC” donated $5000 to Devin Nunes’ campaign: https://twitter.com/Pinboard/status/1208199872668528641
Companies can make independent expenditures through a Super PAC, but companies cannot contribute directly to a campaign.