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Taxes and campaign money - Essay Example

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The most obvious correlation between these two figures is that the percentage of tax collected by the government is directly proportional/related to its social welfare expenditure. It is only logical that countries that spend so much with social welfare should also collect…
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Taxes and campaign money
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Taxes and campaign money

Download file to see previous pages... I am siding with President Obama that corporations should not be allowed to spend unlimited amounts on Federal Election Campaigns because to do so would “open the floodgates for an unlimited amount of special interest money into our democracy” (14). This means that business are now legally allowed to buy candidates through funding their campaigns who would advance and support their business interest even if it is inimical to public interest. Candidates who have genuine concern for the interest of the Americans will have hard time pitting against well funded opposition who is well-funded by business and interest groups that does not necessarily carry the interest of Americans. Worst, even foreign corporations can even spend unlimited funds to candidates who would also advance and support their ...Download file to see next pagesRead More
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