Jacob J. Walker's Blog

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Archive for April 4th, 2014

Thought of the Day: Campaign Finance Reform through Taxing Large Contributions

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The recent rulings by the U.S. Supreme Court to overturn campaign finance reforms are paving the way to having the U.S. political system having an extremely titled playing field, where the marketplace of ideas will become an oligopoly or potentially even a monopoly.  By removing campaign finance reform, in effect, it legalizes a form of corruption, such that politicians must become beholden to those who pay them if they want to continue to hold office.

But I thought of a solution to the problem this morning.  The majority on the Supreme Court say they are protecting free speech.  While I will not argue this point at the moment, I will point out that free speech advocates often say that the solution to “bad speech” is more speech, not less.

So, the solution I am recommending is a tax, as justice Roberts has even recognized in the Obama Care court case, that congress can levy taxes.  The tax would be simple, if any group (including unions, corporations, and PACs) contributes over $x either directly to a candidate or simply in support of a candidate, that they will be taxed in such a way that they must contribute the same $x to ALL viable candidates within that particular election.

While I am sure some of my conservative friends might jump up and down about this being a tax, I hope my Libertarian friends can see that if they ever want to be able to have the chance of their ideas being heard more by the masses, they need to have a level playing field, and that this would be a simple solution to level that playing field.  We cannot go down the road of having a monopoly or even oligopoly on speech when it comes to politics in this nation, if we want to preserve any semblance of democracy.

Written by Jacob Walker

April 4th, 2014 at 11:59 am

Posted in Political Science