"How would corporations fit into that model? Would they be limited to only giving political contributions to candidates where they are headquarted? What if they have plants/offices in locations all over the map? "
Isn't the idea to get the campaigns and government out of the hands of corporations?
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Corporations should not be allowed "personhood", and that will solve many of the issues.
For some background on how "personhood" was attained, see:
* http://www.uuworld.org/2003/03/feature1a.html
* http://www.change.org/ideas/view/end_corporate_personhood
* http://volokh.com/posts/1253648474.shtml
Exactly right.
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