political tax credit

New York Times Publishes Letter from OPP Co-Founder

As published in the New York Times on Novbember 28, 2011:

Lawrence Lessig suggests a $50 federal income tax credit for political campaign contributions. Oregon has had a similar $50 state income tax credit for decades ($100 on a joint return). It has worked well, with about 100,000 Oregon tax returns claiming about $8 million in tax credits annually. So the big-money-addicted Oregon legislators have repealed it, effective at the end of 2013, so they can focus on their main sources of financing — huge contributions from corporations, unions and wealthy individuals.

Portland, Ore.
Nov. 17, 2011

The writer is chief attorney for Fair Elections Oregon, the group that promulgated an Oregon statewide campaign finance reform law in 2006.

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