Contribution limits are monetary restrictions on the amount an individual or group can donate to a political actor – usually a candidate, political party, or political action committee. The Supreme Court first allowed limits on contributions in Buckley v. Valeo. The Court’s ruling acknowledged that contribution limits were a restriction on First Amendment activity, but allowed them on the theory…
Efforts to limit political contributions and spending are extremely popular. Yet there is no serious evidence that campaign finance regulation has achieved or will achieve ...