"But if so, how would he [Mo Lotman] distinguish this hypothetical legislation from the restrictions [on corporate political activities] that he defends?"
The answer is quite simple. Any group affiliated with Congress is restricted from activities that Congress restricts. Corporations are partnered with Congress by virtue of the Corporate charter. Congress can restrict its partner, even dissolve the corporation. Corporations choose to form a contract with Congress, for which they gain some Due Process not available to others. If they want to lose that Due Process, then corporations need form private partnerships.
It is a contract law provision, not a free speech provision.
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