“I believe the simplest way to blunt the impact of transactional donations is to incentivize ordinary citizens to make small donations that can, in aggregate, compete with the money from transactional donors. New Jersey should offer taxpayers a refundable tax credit of up to $25 per candidate with an aggregate limit of $100 per year for donations made to state or local campaigns. The tax credit would encourage small donors while making it possible for campaigns to win without the money, and accompanying obligations, of transactional donors. I believe small donors could create a virtuous cycle where transactional donors are increasingly unsuccessful in hand-picking the winners of elections and politicians are increasingly free from the demands of transactional donors.”
“Eventually, we would get a leaner, more responsive government—something that is better for everyone. “
Said Paul Lichstein, Take Back Our Republic’s Tri-state regional coordinator.
To read Paul’s op-ed in its entirety click here.