‘An Epiphany Moment' for Corporate Political Donors May Have Arrived


IBM is one of only a handful of companies that doesn’t give money to political candidates. IBM does spend millions on lobbying and runs an in-house government relations team, but the company doesn't have a political action committee and restricts money from going to political candidates when it does donate to trade groups. IBM’s founder set the policy to avoid operating as a political organization and to disinvest from a corrupt system where money buys favorable legislation. IBM’s policies could serve as a model as companies pause their political donations due to acts of violence at the Capitol.

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