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Democrats Abroad is the official organization of the Democratic Party for United States citizens living temporarily or permanently abroad. The organization is given state-level recognition by the Democratic National Committee. [1] Democrats Abroad currently has members in more than 197 countries, with 48 organized country committees. [2]
In the United States, a political action committee (PAC) is a tax-exempt 527 organization that pools campaign contributions from members and donates those funds to campaigns for or against candidates, ballot initiatives, or legislation. [1] [2] The legal term PAC was created in pursuit of campaign finance reform in the United States.
These contributions are partially tax exempt and partially matched by government funds; contributions of more than 10000 Euros are reportable. During the 2013 election cycle in Germany, corporations and other organizations made direct contributions to German political parties in the amount of at least 24.2 million Euros. [ 10 ]
The Sixteen Thirty Fund, an affiliate of liberal donor advised fund Arabella Advisors, spent $410 million in 2020 (more than the Democratic National Committee itself), largely focused on helping Democrats defeat President Donald Trump and winning back control of the United States Senate. The group financed attack ads against Trump and ...
This could be because of the increase from $1 to $3 in 1994 and a general lack of understanding of the fund. Two other reasons cited for the decline are an erroneous belief that donations increase tax liability and a general apathy toward the political duopoly. [16]
(The Center Square) – Amid a push to raise the annual cap on property tax increases statewide, Sen. Phil Fortunato, R-Auburn, wants the Legislature to exempt around 500,000 senior citizens ...
America's top tax rate of 37% might seem high, but when it comes to tax revenue as a percentage of a country's GDP, there are plenty of other countries with a higher tax burden than the United States.
Seattle-based Costco Wholesale and its affiliate, Costco Travel, gave $380,756 in political donations during the 2022 elections cycle, according to Open Secrets. See: Costco's Best Deals? Employee...