It’s absurd that politicians are allowed to accept campaign contributions from individuals and corporations. Campaigns should be publicly funded.
But won’t someone think of the poor corporations?! What about their free speech?
- Roberts, probably. I didn’t actually read citizens united.
I’m all for the corporate death penalty. Need a bailout, sure. C-suite is fired, assets seized, and corporation becomes nationalized.
Or something like that. There’s a reason no one has consulted me on the best way to accomplish this.
The corporations is especially crazy. An individual supporting the democratic process makes sense. They are the ones voting. But a business doesn’t vote.
An individual supporting with hard limits to prevent a plutocracy makes sense.
Maximum monthly donation should be tied to minimum wage for 1 day of work. Realistically, who (unless you’ve got malicious intent or you’re rich as fuck, in which case I’ll assume malicious intent), is going to donate more than 1-20th of their income to a political party. Want to donate more? Choose a charity instead.
(And a bonus) this law would probably break the gridlock on increasing minimum wage.
The very-dishonestly named “Citizens United” fucked over We the People. Badly. Now, even Democrats and Independents have to also raise obscene amounts of money to match what giant corporations almost always throw at the Republicans who promise to lower their tax rates, limit regulation, repeal environmental and antitrust restrictions, etc.
If it’s not yet fully a capitalist hellscape, it’s well on its way there…
Campaigns being explicitly publicly funded would also have the benefit that if the fatcats want to contribute more*, they’d need to pay more taxes!
*while still not getting to choose who they’re actually contributing to, because eat the rich
It also stops what is going on right now thanks to Citizens United- foreign dark money coming in to influence elections.
Because Russia is very likely pumping a lot of money into U.S. elections and they’re probably not the only one. It’s legal, so why not?
Fascism is not politely waiting to take over the U.S. and Putin is in on it.
Let’s say he donated the highest amount of 6 figure (i didn’t read the article), 999,999. His net worth is at 260 billion, would be the same as me donating $2.50 in regards to my net worth, and i consider myself technically pretty okay money wise. It’s absurd how much billions are…
Article says it was $289k.
There’s other donations though:
How much money Musk ends up investing in the election remains an open question. In July, the Wall Street Journal reported that he planned to donate around $45 million a month to help Trump. Musk, however, later denied the report.
Despite the influx of cash from Musk, the NRCC raised just $9.7 million in August, compared to $22.2 million raised by its Democratic counterpart.
Doesn’t that exceed political donation caps to PACs?
https://www.fec.gov/updates/fec-announces-2023-2024-campaign-cycle-contribution-limits/
The limit for contributions by individuals and nonmulticandidate PACs to national party committees has risen to $41,300, while the limit for individual and nonmulticandidate PAC contributions to each of the additional national party committee accounts has increased to $123,900 per year.
Remember when he donated $1 mil to Team Trees? Good times…
I was just thinking of that. Wtf happened. It was all a PR stunt I guess.
it obviously was but it was a better stunt than what he has been doing lately