But the Constitution confers the national government the right to regulate interstate commerce, and that would include a power to tax the sale of corporate shares when the transaction crosses state boundaries.
There is some tax rate at which corporations will incorporate with national charters, no matter how lax the charter requirements of Delaware or North Dakota. I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
However, even if corporations have the rights of an individual, they are still bound by their charter.
If under their charter they cannot make political contributions, its off the table. I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
Given that any political contribution to any candidate will piss somebody off enough to search for somebody who held that company's stock at the time of the action and is willing to sue, it seems as if getting the prohibition into the charter would have a lot of impact even in the fact of later government passivity. I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
