From: Charlene Vanacker
I'm writing as a member of the public and a retail investor in response to the SEC's request for comments on S7-06-16.
Investors deserve to know the ways corporations are buying elections, polluting our environment, affecting our economy, and more. And while corporations have little to no accountability to even their shareholders, disclosure is one solution that requires companies to consider the consequences — and the interests of their shareholders — before making decisions that affect their shareholders and regular Americans.
It's time for corporations to be honest with their investors and the American people.
Public corporations should at a minimum be required to:
1. Disclose their political spending.
We need to end the secrecy and give investors the information they deserve.
Corporations must be required to disclose spending, tax payment, sustainability plans so that the United States is protected from corporations that pay excessive amounts to influence politicians; that don't pay their fair share of taxes to support U.S. infrastructure, schools, and safety nets; and do not protect the environment. Protecting the environment, protects people's health and reduces healthcare costs and reduces extreme weather.
East Lansing, MI