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March 20, 2013

By: Jerry H. Goldfeder

As the 2012 presidential election vividly demonstrated, the magnitude of political expenditures unleashed in the wake of the Supreme Court's Citizens United decision can exert a powerful influence on the political process. Not only can corporations and other large organizations muster huge sums of money to support their political causes, they can do so anonymously, through the use of tax-exempt 501(c)(4) and 501(c)(6) organizations that have no obligation to disclose the ultimate sources of their funds. This landscape has left many voters dissatisfied, leading several public officials of varying levels of government to take steps to ensure greater transparency of political expenditures.

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