olitical contributions in the United States, which can be made directly to a specific candidate (hard money) or indirectly to parties and committees (soft money). The rules governing the two types of contributions differ, and it may be prudent to check these rules in detail before making a contribution. More information on these rules can be found on the Federal Election Commission (FEC) website.
When cash is contributed directly to a political candidate, it is known as a "hard money" contribution. These contributions may only come from an individual or a political action committee, and must follow the strict limits set forth by the FEC. For example, in 2012, the maximum amount that an individual can contribute to a presidential candidate or committee is:
|To each candidate or candidate committee per election||To national party committee per calendar year||To state, district & local party committee per calendar year||To any other political committee per calendar year|
When cash is contributed to a political party with no limits attached to the amount that can be received, this is known as a "soft money" contribution. The funds can come from individuals and political action committees as with "hard money", but they can also come from any other source, such as corporations. The law says that this money can only be used for "party-building activities" such as advocating the passage of a law and voter registration, and not for advocating a particular candidate in an election.
Generosity may be its own reward, but some charitable giving also provides personal tax benefits, find out more in Deducting Your Donations.
Find out the value of the Dow Jones Industrial Average on the Jan. 20, 2009 inauguration of President Obama and how it has ...
Learn how some countries are incorporating socialist methods into capitalism.
Depending on which type of economist you talk to, stimulus economics originated from the ideas of either a book published ...
With all the financial organizations out there, knowing what they all do can be as complicated as knowing where to invest. ...
A brand name or logo that identifies the provider of a service. ...
An intellectual property right that protects a new and unique ...
A professional licensed by the United States Patent and Trademark ...
Elder care, sometimes called elderly care, refers to services ...
A lawyer with expertise in intellectual property law as it pertains ...
Wording inventors use to let the public know they've filed a ...