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What they're really afraid of. (Original Post) kpete Feb 2016 OP
I feel this is the central idea to Bernie's campaign. Ed Suspicious Feb 2016 #1
Job creators tk2kewl Feb 2016 #2
There's a growing cure for that, appalachiablue Feb 2016 #3
Yup. Baitball Blogger Feb 2016 #4
Yes they will. nt ChisolmTrailDem Feb 2016 #5
The amount the 1% spends to buy our politicians suggests the amount they can afford to be taxed! Kip Humphrey Feb 2016 #6
You May Be On To Something Here ChoppinBroccoli Feb 2016 #7
Public financing of campaigns, by any other name ErisDiscordia Feb 2016 #9
They might have to own 4 homes instead of 5. Bribing politicians is pretty cheap. phantom power Feb 2016 #8
Tax the billionaires/millionaires heavily. Dont call me Shirley Feb 2016 #10
oh wait! Duh - that's what this means. closeupready Feb 2016 #11
Of course, in reality.... AlbertCat Feb 2016 #12
No, what they're really afraid of is losing the right to bribe politicians. Cassiopeia Feb 2016 #13
Most of our politicians are millionaires. rosesaylavee Feb 2016 #14

Baitball Blogger

(46,736 posts)
4. Yup.
Mon Feb 1, 2016, 11:24 AM
Feb 2016

Politicians form strong networks based on those donations. That's why government process has just become a bargaining chip.

ChoppinBroccoli

(3,784 posts)
7. You May Be On To Something Here
Mon Feb 1, 2016, 11:51 AM
Feb 2016

I've said for years now that the only way to have TRUE democracy is to get the money out of politics. But the reality is that it will never happen because nobody can come up with a workable plan to do it. I think you may have hit on an idea here.

What if we DID tax people, corporations, PACs, anyone who donates to political campaigns, at 100% of the amount they donated (i.e. you give $1 million to Candidate X, you now owe $1 million in taxes)? I think you'd see a DRAMATIC decrease in the amount of money big corporations would give to politicians. On the other hand, the people who send 20 bucks to their candidate of choice likely wouldn't be deterred from continuing to do so, because it would only raise their taxes by 20 bucks. It would REALLY make the political system more reflective of the will of the people.

And for all the people who say that it would dramatically decrease political giving across the board, I say: 1) GOOD!, and 2) all the extra taxes the government collects from the tax on political donations would go directly into a fund designated for public funding of elections. Every candidate would get the exact same amount.

I REALLY like this idea. Thanks for coming up with it.

 

AlbertCat

(17,505 posts)
12. Of course, in reality....
Mon Feb 1, 2016, 02:06 PM
Feb 2016

...... if we tax the 1%, they will STILL have beaucoup money to be able to do what they want and live the way they do.

So tax 'em.

Cassiopeia

(2,603 posts)
13. No, what they're really afraid of is losing the right to bribe politicians.
Mon Feb 1, 2016, 02:09 PM
Feb 2016

The 1% will never be taxed enough to eliminate their financial ability to bribe politicians.

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