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Argument: Corporate spending in elections violates shareholder rights

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Trevor Potter, former Chairman with the Federal Election Commission and General Counsel of John McCain’s 2000 and 2008 Presidential campaigns, submitted a legal brief in favor of limiting corporate spending: He said: "Everybody has the ability to participate in the political process, meaning the election or defeat of candidates, except the for-profit corporations using shareholders’ treasury funds. That, it seems to me, is an appropriately narrow exemption given whose money that is, the shareholders’."[1]

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