“Campaign finance reform vs. reality”

Paul Jossey:

Issueone.org lists about three dozen nonprofits that exclusively or substantially work to regulate campaign speech. Available tax filings show these groups spend at least $77 million yearly bemoaning the money spent on political speech. Yet academic research stretching decades has yielded little evidence for the basic claims of those who think government can make elections fairer or politicians less ‘corrupt’ by passing more limits on speech. What they lack in proof, however, is recouped in messaging. Money does not buy elections but it does buy perception.

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