Because in practice it circumvents all the campaign finance laws that tried to somewhat level the playing field between candidates backed by the super rich and those not.
That might say more about how well the laws were written.
It’s tricky to make campaign finance laws that don’t result in censorship. If the law would have prevented someone from making and distributing a documentary ... I believe it was a documentary critical of Hilary Clinton, which is interesting ... the law wasn’t well written and could easily be abused.
It allows corporations, non-profits and labor unions to make electioneering communications. That's it.
I find it quite shocking that public service unions can spend millions of dollars electioneering for the people with whom they will be negotiating their contracts, but I'll accept the free speech rights of a voluntary association outweigh my concerns.
It’s tricky to make campaign finance laws that don’t result in censorship. If the law would have prevented someone from making and distributing a documentary ... I believe it was a documentary critical of Hilary Clinton, which is interesting ... the law wasn’t well written and could easily be abused.