Ethics-Governance: Article: Campaign Contribution Ethics Case

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Campaign Contribution Ethics Case Mr. Smith Goes to Washington In desperate need of a tax break for his company, a CEO contemplates a questionable campaign contribution. By Leon Panetta Response By Paul Locatelli, S.J. John Smith, CEO of Dynamic Inc., is faced with a terrible political dilemma. His corporation desperately needs a federal tax break that would allow him to write off a significant debt burden, which is undermining cash flow and access to new capital. Without the targeted tax break, the business is likely to go under. Congressman Bill Bridge, chair of the House Ways and Means Committee, is powerful enough to include the needed tax break in a large tax bill going through his committee. Full Article: http://www.scu.edu/ethics/dialogue/candc/cases/mrsmith.html


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