Posted on 10/27/2010 9:59:51 AM PDT by JSDude1
Mary Jackson supports her company’s political action committee one paycheck at a time.
The senior vice president of Cash America International Inc. allows her employer to withdraw $92 straight from her paycheck every two weeks as a contribution to the financial services company’s PAC. So far, Jackson has donated more than $2,500, and her co-workers have contributed a total of $315,000 to Cash America’s PAC through payroll deductions.
As this year’s election season draws to a close and experts begin the traditional lament of too much money in politics, the common but little-discussed practice of fueling major PACs with employee payroll deductions thrives. In recent years, professional associations have joined corporations and unions in using the mechanism to gather millions of dollars.
Jackson’s company is one of more than 800 employers that reported using some type of payroll deduction during the 2010 cycle, according to a CQ MoneyLine study of campaign finance records.
(Excerpt) Read more at cqpolitics.com ...
Interesting. I hadn’t seen this before.
Umm, Meredeth? My paycheck is my own funds.
I suspect this is getting airtime only because Republicans are leaders of the PAC, so to speak.
The article mentions Lockheed Martin - does that sound like a hotbed of grubby Birkenstock-wearing leftist agitators? Or does that name sound more like a team of deeply patriotic and proud Americans who design and build the equipment our soldiers need in order to turn this country's enemies into fine red mist? Who do you think they're voting for?
The article mentions donations from executives - under PAC rules you have to be at or above a certain pay grade to even be eligible to donate to the company's PAC, and VP's have more disposable income than mere senior-level employees.
I get a paycheck deduction for my fitness center membership, so where's the darkly ominous article about that?
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