payroll deductions

Some politically-active corporations are breathing a sigh of relief following last night’s defeat of California’s Proposition 32.  Although the media focused on the ballot initiative’s proposal to bar unions from using payroll deductions to collect PAC contributions, the initiative would have also had three equally far-reaching effects for corporations.  First, it would have prohibited corporations

California voters will face 11 statewide ballot initiatives when they visit the polls in less than three weeks.  One, Proposition 32, has garnered significant media attention because it would bar unions from using payroll deduction to collect PAC contributions.  Its effects on corporate PACs — which could be just as far-reaching — have been