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Tuesday, February 21, 2012

Corporations Make First Political Donations — And It’s Not Through Checks

Corporations have made some of their first significant political donations since a 2010 court ruling permitted them — and surprisingly, they’re not monetary.

Some companies have discovered a more cost-effective way to support a favored candidate while ensuring their money is used wisely: giving hundreds of thousands of dollars of free goods or services, known as “in-kind” contributions.

Documents filed Monday with the Federal Election Commission (FEC) showed the activity propping up what has become a major super PAC supporting the presidential campaign of Rep. Ron Paul, Texas Republican. The technique has allowed small businesses to take a stand by doing what they do best.

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