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Even before the Citizens United decision, federal law did not restrict corporations and unions from independently paying for political ads, so long as the ads did not constitute "express advocacy" and were therefore exempt "issue ads".
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Very wealthy men have been compelled, through the levying of income tax rates running up to 73%, to cease investing in corporate securities and to transfer their funds into tax exempt issues.
President Obama's once-commanding fund-raising advantage is declining as major Republican donors rally for Mitt Romney, conservative "super PACs" far outpace their liberal counterparts and tax-exempt issue-advocacy groups swarm the political landscape.
Those figures do not account for all the money spent through tax-exempt issue-advocacy organizations that are not required to disclose their spending, like Americans for Prosperity, founded by the billionaire Koch brothers, who have reportedly pledged to steer at least $200 million to conservative advocacy groups by Election Day.
The following tax-exempt issues are scheduled for pricing this week: TAX EXEMPT TOMORROW Virginia Housing Development Authority, $160 million of revenue bonds.
Gingrich is the first conservative presidential candidate to campaign on a package of traditional values from which he is exempting issues relating to personal sexual behavior.
There are literally hundreds of thousands of tax-exempt issues.
Then there are tax-exempt issues available from tens of thousands of issuers.
Starting in the 1970s James A. Lebenthal appeared in TV and radio ads touting the virtues of his small New York brokerage's tax-exempt issues.
Mr. Slayton said a tax-exempt bond issue was under discussion to finance the land purchases and construction.
Additional financing will come from the sale of $117 million in tax exempt bonds issued by the New York State Housing Finance Agency.
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