FIRST AMENDMENT LAW REVIEW Volume 12 | Issue 3 Article 7 3-1-2014 Put Your Mouth Where Your Money Is: How Political Organizations Profiteer off the irsF t Amendment and What Congress Should Do about It Philip A. Thompson Follow this and additional works at: http://scholarship.law.unc.edu/falr Part of the First Amendment Commons Recommended Citation Philip A. Thompson, Put Your Mouth Where Your Money Is: How Political Organizations Profiteer off ht e First Amendment and What Congress Should Do about It, 12 First Amend. L. Rev. 725 (2014). Available at: http://scholarship.law.unc.edu/falr/vol12/iss3/7 This Note is brought to you for free and open access by Carolina Law Scholarship Repository. It has been accepted for inclusion in First Amendment Law Review by an authorized editor of Carolina Law Scholarship Repository. For more information, please contact
[email protected]. Put Your Mouth Where Your Money Is: How Political Organizations Profiteer Off the First Amendment and What Congress Should Do About It PhilipA. Thompson* INTRODUCTION Political organizations, such as political actions committees (PAC), super PACs, and 501(c)s raise and spend money to advocate for or against issues and candidates. These organizations are regulated subject to the First Amendment's speech clause and certain tax laws. Recently, these organizations-especially super PACs and 501(c)s- have become significant outlets for core political speech. For instance, in the 2010 election cycle, "[seventy-nine] groups registered as super PACs spent a total of approximately $90.4 million."I In the 2012 election cycle, "1,310 groups organized as Super PACs have reported total receipts of $828,224,700 and total independent expenditures of $609,417,654 .