"Closely held corporation" is NOT nebulous and undefined. It's quite clearly defined.
If a definition exists on the internet, but GoIrish41 is too lazy to Google it, is it nebulous and undefined?
Entities
A closely held corporation: Has more than 50% of the value of its outstanding stock owned (directly or indirectly) by 5 or fewer individuals at any time during the last half of the tax year; and is not a personal service corporation.
Be honest, did you really think they passed a supreme court ruling based on an undefined legal structure, or are you just spinning?
Please don't define things based on "how you understand their logic" when you clearly do NOT understand their logic (see above).
I wish I kept track of all the posts in this thread that stem from a fundamental misunderstanding of
Citizens United. No, a corporation is not a person. HOWEVER, a corporation IS
people. See above re: closely held corporation. If Lax, Whiskey, Bogs, and Koon start Brocorp, nobody is saying that Brocorp is a person. However, Brocorp
consists of Lax, Whiskey, Bogs, and Koon, who
are people. Restricting what Brocorp can do with their money is a de facto restriction on what Lax, Whiskey, Bogs, and Koon can do with their money.
If "the Notre Dame football team" were in a room, are you going to tell me that the room is not full of people just because "Notre Dame football team" is not a person?