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Reasons offered for why "big money" in politics (campaign contributions and high level lobbying from corporations and the wealthy) should be regulated include: it "results in corruption"; [42] (i.e., “quid pro quo corruption”, or bribery); [43] harms trust in government; [42] decreases public interest in public affairs and government; [42]
The candidate submits an audited report of the campaign expenses and the government issues a rebate to the candidate, subject to some caps such as the number of votes cast for the candidate or a blanket cap. For example, in the 2008 election, candidates for the Legislative Council of Hong Kong were entitled to a rebate up to HK$11 per vote.
Contributions, donations or payments to politicians or political parties, including a campaign committee, newsletter fund, advertisements in convention bulletins, admission to dinners or programs that benefit a political party or political candidate and a political action committee (PAC), are not tax-deductible from income taxes. [1]
Between 1989 and 2010, AT&T gave more than $45 million in campaign donations to both Republican and Democrat candidates. In the 2009-2010 cycle, its biggest contribution was $30,000 to the ...
This list shows only the direct contributions to each campaign but does not include more substantive contributions for lobbying and outside spending. In 2016, direct contributions (in this list) totaled $1,085,100; lobbying efforts (not in this list) totaled $3,188,000; and outside spending (not in this list) totaled $54,398,558.
While most campaign donations come from individuals ranging between $100 to $500, there is no limit to how much a school board candidate can receive in campaign contributions, unlike most state ...
In California, there are no limits on campaign contributions for school board races. Some question whether there should be. A Placer County school board candidate received a $10,000 campaign donation.
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.