Protest against private campaign donations in front of Brazil's Congress buildings. Photo: Pedro França/Ag.Senado
In Brazil, corporations are forbidden from donating to political campaigns. There are no PACs or Super PACs, as exist in the U.S., it is simply illegal for any legal entity to make contributions to candidacies during election season. That said, business owners still manage to have a big hand in financing campaigns in the 2018 elections.
A recent survey has shown that of the 513 representatives elected in 2018, 90 percent of them received donations from business owners, in the guise of individuals. Among the 54 elected senators, this rate jumps to 98 percent.
Corporate campaign funding has been illegal in Brazil since 2015, when Congress legislated to that effect after a Supreme Court ruling banned legal entities from donating to parties and candidates. However, individuals are still allowed to finance campaigns, providing they do not...
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