<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML xmlns="http://www.w3.org/TR/REC-html40" xmlns:v =
"urn:schemas-microsoft-com:vml" xmlns:o =
"urn:schemas-microsoft-com:office:office" xmlns:w =
"urn:schemas-microsoft-com:office:word" xmlns:m =
"http://schemas.microsoft.com/office/2004/12/omml"><HEAD>
<META content="text/html; charset=iso-8859-1" http-equiv=Content-Type>
<META name=GENERATOR content="MSHTML 8.00.6001.18854">
<STYLE>@font-face {
font-family: Calibri;
}
@page Section1 {size: 8.5in 11.0in; margin: 1.0in 1.0in 1.0in 1.0in; }
P.MsoNormal {
MARGIN: 0in 0in 0pt; FONT-FAMILY: "Calibri","sans-serif"; FONT-SIZE: 11pt
}
LI.MsoNormal {
MARGIN: 0in 0in 0pt; FONT-FAMILY: "Calibri","sans-serif"; FONT-SIZE: 11pt
}
DIV.MsoNormal {
MARGIN: 0in 0in 0pt; FONT-FAMILY: "Calibri","sans-serif"; FONT-SIZE: 11pt
}
A:link {
COLOR: blue; TEXT-DECORATION: underline; mso-style-priority: 99
}
SPAN.MsoHyperlink {
COLOR: blue; TEXT-DECORATION: underline; mso-style-priority: 99
}
A:visited {
COLOR: purple; TEXT-DECORATION: underline; mso-style-priority: 99
}
SPAN.MsoHyperlinkFollowed {
COLOR: purple; TEXT-DECORATION: underline; mso-style-priority: 99
}
SPAN.EmailStyle17 {
FONT-FAMILY: "Calibri","sans-serif"; COLOR: windowtext; mso-style-type: personal-compose
}
.MsoChpDefault {
mso-style-type: export-only
}
DIV.Section1 {
page: Section1
}
</STYLE>
<!--[if gte mso 9]><xml>
<o:shapedefaults v:ext="edit" spidmax="1026" />
</xml><![endif]--><!--[if gte mso 9]><xml>
<o:shapelayout v:ext="edit">
<o:idmap v:ext="edit" data="1" />
</o:shapelayout></xml><![endif]--></HEAD>
<BODY lang=EN-US link=blue bgColor=#ffffff vLink=purple>
<DIV><FONT size=2>Excellent questions!</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>W.</FONT></DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 2px solid; PADDING-LEFT: 5px; PADDING-RIGHT: 0px; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="FONT: 10pt arial; BACKGROUND: #e4e4e4; font-color: black"><B>From:</B>
<A title=jpool@moscow.com href="mailto:jpool@moscow.com">John Pool</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A title=vision2020@moscow.com
href="mailto:vision2020@moscow.com">vision2020@moscow.com</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Thursday, January 21, 2010 10:13
PM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> Re: [Vision2020] Supreme Court
Overturns Ban on Corporate Election</DIV>
<DIV><BR></DIV>
<DIV class=Section1>
<P class=MsoNormal>Did the Supreme Court decision on the ban suggest how the
expense of supporting or opposing a candidate shall be treated for tax
purposes? It’s one thing to allow corporations (and presumably unions) to
spend money directly for this purpose, but the money has to come from
somewhere. Is it to be a legitimate expense, deducted from taxes, or taken
from profit after taxes, or what? What will, and will not, the IRS allow? And
what of shareholders? If XYZ Corp supports Sarah Palin for Congress from
Alaska, and a sizeable number (or even a handful) of the shareholders are
opposed to her, is this a legitimate basis for a stockholder suit? I suspect
this decision by the Supreme Court, while seemingly favorable to big business,
is not as cut and dried as it first appears. <o:p></o:p></P>
<P class=MsoNormal><o:p> </o:p></P>
<P class=MsoNormal>And if corporations have the same rights as individuals to
spend money directly, do corporations have the same limits imposed on their
expenditures as are exerted on individuals? What of non-profit corporations
such as churches? Can they now openly support or oppose an individual or group
at election time? This seems like a subject made for the Viz—opinions
will fly fast and furious and facts will be slow to develop. Oh boy! Watch the
mud being slung!<o:p></o:p></P>
<P class=MsoNormal><o:p> </o:p></P>
<P class=MsoNormal>John Pool<o:p></o:p></P></DIV>
<P>
<HR>
<P></P>=======================================================<BR> List
services made available by First Step Internet, <BR> serving the
communities of the Palouse since 1994.
<BR>
http://www.fsr.net
<BR>
mailto:Vision2020@moscow.com<BR>=======================================================</BLOCKQUOTE></BODY></HTML>