Buckley v. Valero
Large campaign contributors, such as the Koch Brothers and our very own former Mayor Michael Bloomberg, contribute extensive amount of money to political campaigns in effort to keep politicians in their pockets. In return of this financial backing, these contributors expect the politicians to work towards advancing the contributors personal agenda.
This case limited the amount of money individuals could contribute to candidates in effort to reduce this consequence and the abuse of political power both from the wealthy contributors and the elected politicians. Through their contributions the wealthy are able to gain much political influence and power without any direct political participation and so the court decided this limit did not infringe on the first amendment rights of the potential contributors. It was also decided that any contribution above a certain amount must be reported.
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