Our current system of campaign finance is broken, and one needs only to look to the unfairness of our tax code for evidence of who benefits from giving money to politicians.
Portland, ME (PRWEB) February 10, 2012
Welcoming Republican presidential candidate Mitt Romney at Portland Yacht Services on Friday will be “Billionaires for Romney,” a grassroots group protesting the influence of money in politics and the unfairness of our current tax system. The protestors - billionaires for a day - will be there in ball gowns and tuxedos, with signs reading “No tax shelters, no peace!” and “I’m not concerned about the very poor either.”
Behind the tongue-in-cheek nature of the protest is a serious message says Billionaires for Romney founder, Wells Lyons. “America's campaign finance system is broken. A quick look at the tax code provides all the evidence necessary to figure out who benefits from giving money to politicians. While both Republicans and Democrats are complicit in this corrupt system, Mitt Romney’s campaign is a particularly dangerous example of the influence of money in politics.”
Lyons continues, “Romney’s campaign is funded by a small group of extremely wealthy donors, and they’re not just giving their money away for free - they expect something in return. These extremely wealthy individuals want continued preferential tax treatment, they want to keep subsidies for their industries, and they want to keep the influence they’ve bought. What we need to do is change the campaign finance laws. America needs publicly financed elections at the federal level, just like the Clean Elections system used here in Maine. Maybe then we can get a tax code that treats all Americans fairly, instead of just helping the one-percent.”