Washington Examiner: The Left again tries to prohibit corporate giving to nonprofits and think tanks
By Bradley A. Smith
Although the CPA-Zicklin Index attracts a steady stream of media attention, it does not take seriously the potential value of corporate engagement in public policy discussions. Its authors claim merely to want corporations to disclose their giving to nonprofits and advocacy groups, but they are just as happy (and perhaps happier) if that giving dries up altogether.
Don’t take it from me: The 2017 edition of the Index released last week uses the words “prohibition,” “prohibit,” “prohibiting,” and “prohibited” more than 50 times. It celebrates that, among companies it has tracked since 2015, “the number that fully disclose or prohibit political contributions from corporate funds has increased.”
There are a lot of problems with the CPA-Zicklin report, starting with the basic fact that all corporations are already required by law to disclose their political contributions to candidates, parties, and PACs. What, then, is CPA-Zicklin even talking about? In fact, what it calls “political contributions” are actually contributions to charities, think tanks, nonprofit civic organizations, and trade associations that engage in civic discourse about public policy. Corporations that give to the “wrong” organizations (ones with a conservative tilt or message) are then targeted by the Left for harassment and boycotts.