Tag: Las Vegas Sands

Here are 10 companies that are influencing politics by donating huge amounts of money to political groups in 2018. Campaign contributions directly to political candidates are limited for individuals and companies alike. But since 2010, companies can pour millions of unregulated and uncapped "soft money" into independent Super Political Action Committees (PACs) to influence the outcomes of federal elections without contributing to an individual candidate. Open Secrets has compiled a list of the largest organizational political contributors to Democratic and Republican or liberal and conservative outside groups. According to Bloomberg, Sheldon Adelson has contributed over $200 million to conservative candidates and causes in recent years. Uline has donated $31.7 million so far in 2018, more than it spent for the 2016 cycle, according to Open Secrets. According to Open Secrets, Fahr LLC has donated $29.4 million to the current election cycle so far, and that may be just the beginning, since the corporation's 2016 contributions topped $90 million. In 2016, the hedge fund donated $59 million, giving slightly more to Democrats than Republicans. Through nonprofit Americans for Prosperity (which also donates millions to further Republican causes), the Koch brothers have organized to defeat transit projects in several cities, according to the New York Times. The company's donors gave more to Democrats in 2016, but favor Republicans so far this year.

Here are 10 companies that are influencing politics by donating huge amounts of money to political groups in 2018. Campaign contributions directly to political candidates are limited for individuals and companies alike. But since 2010, companies can pour millions of unregulated and uncapped "soft money" into independent Super Political Action Committees (PACs) to influence the outcomes of federal elections without contributing to an individual candidate. Open Secrets has compiled a list of the largest organizational political contributors to Democratic and Republican or liberal and conservative outside groups. According to Bloomberg, Sheldon Adelson has contributed over $200 million to conservative candidates and causes in recent years. Uline has donated $31.7 million so far in 2018, more than it spent for the 2016 cycle, according to Open Secrets. According to Open Secrets, Fahr LLC has donated $29.4 million to the current election cycle so far, and that may be just the beginning, since the corporation's 2016 contributions topped $90 million. In 2016, the hedge fund donated $59 million, giving slightly more to Democrats than Republicans. Through nonprofit Americans for Prosperity (which also donates millions to further Republican causes), the Koch brothers have organized to defeat transit projects in several cities, according to the New York Times. The company's donors gave more to Democrats in 2016, but favor Republicans so far this year.