Jimmy Higgins
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Washington Post has this piece on the people in desperate need of a tax cut. These people are pumping tens of millions into political PACs.
If we had a tax on political contributions (ie, the people providing the contribution pay the tax), something like 0.5% up to $100, then escalating to 50% once you reach $10 million, I bet we could cut the deficit... a little. And this would be based on the total for the year, not individual contributions. Elections in the US are arbitrarily insane.article said:The 50 biggest donors this cycle have collectively pumped $1.5 billion into political committees and other groups competing in the election, according to a Washington Post analysis of Federal Election Commission data.