Corporate PACs allow corporations to use money to buy influence in the American electoral system. This fundamentally skews politicians’ priorities, incentivizing them to put corporate interests ahead of those of the country and their constituents. Banning corporate PACs is an important step towards reclaiming the American political system for the people, rather than corporations and the ultra-wealthy.
Corporate PAC money is arguably one of the cleanest forms of PAC money in politics, given how heavily regulated corporate PAC contributions are & they’re a relative drop in the bucket compared to other contributions. Corporations have the First Amendment right to engage in politics, and it’s important to ensure that they’re able to support the candidates that share their views, just like individual citizens would do through their votes at the ballot box.