Wednesday, July 26, 2017

Mad Tax Men

Will Congress tax advertising?
Aside from some exceptions related to false and misleading content, the federal government has always respected the constitutional mandate to leave advertising alone. That's why the Supreme Court case Valentine v. Chrestensen (1942) was overturned — the bench's declaration that "the Constitution imposes no restraint on the government as to the regulation of 'purely commercial advertising'" was 100 percent unconstitutional.

Now Congress wants to limit free speech by regulating the First Amendment — one of our country's core founding principles — as an excuse to extort more wealth from American businesses' pocketbooks? Camp's 50-50 proposal would treat advertising like an asset, such as a machine, instead of like an expense, such as research and salaries — an unprecedented, unconstitutional move.
First, they came for the commercials...

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