Media

It looks like the push from Amazon and Walmart for a tax on Internet sales may carry enough weight to win over (or at least neutralize) our lawmakers who are, for the most part, terminally squeamish about even the smallest tax. I was admittedly skeptical, but an Internet sales tax is an increasingly real possibility.

It’s no secret that some very rich people support the super PACs and other groups that have inundated the 2012 campaign with unlimited sums of cash. But a study to be released Thursday details the extent to which this kind of donating is the sport of the One Percent.

57 percent of all Super PAC donations in this election has come from a small circle of just 47 donors, says a new report by Demos. Those are the donors who have given over $1 million each; those who have given over $10,000 account for 94 percent of all Super PAC fundraising.

A new study by several public policy groups indicates that half of outside spending is from groups that don't reveal their donors. According to the data, the top five "dark money" groups spent just over $53 million on TV ads for the presidential race. But because of specific tax codes related to nonprofits, these groups do not necessarily have to disclose their donors or the amount they spend to the FEC.

A top concern raised by critics of the Supreme Court's 2010Citizens United decision was that it would unleash a torrent of poorly disclosed, if disclosed at all, spending by the superwealthy. Evidence continues to mount that's precisely what's happening.

A few people with a lot of money are responsible for the majority of contributions to superPACs, according to a new analysis by two watchdog groups.

Outside spending organizations have fast become a favored tool for wealthy individuals and interests to drown out the voices of average citizens. 

Oklahoma is suffering through an extended heat wave with temperatures topping 100 degrees or more every day since July 18th. The heat is so bad that it’s starting to melt street lamps in Stillwater. As the state suffers from extreme heat, its senior senator remains one of the leading climate deniers.

Last night, when U.S. swimmer Nathan Adrian, won the 100-meter Olympic freestyle by a fraction of a second, I reflected on just how valuable that sliver of advantage would be to Adrian. As an Olympic gold medalist, he'll make big money from endorsements and public appearances -- the kind of money that mere silver medalists don't get paid. America likes winners, after all, not also-rans.

WASHINGTON – The Top 5 “dark money” spenders on presidential election ads have reported less than 1% of their spending to the FEC, which is all that is required by the agency’s insufficient standards, according to a new report analyzing the latest campaign filings.

"Today’s outside spending groups act as megaphones for moguls and millionaires. The more money they pump in, the louder they’re able to amplify their voices—until a few wealthy individuals and interests are dominating our public square, drowning out the middle and working classes.”