Campaign Finance Reform

The new campaign finance reforms which will go into effect after this election cycle are worthless. They do nothing to encourage the average American to contribute to political campaigns. Wealthy individuals and PACs will always
contribute as much as they can to support candidates. The problem with campaign financing is not that wealthy individuals and PACs are contributing too much money to candidates, the problem is that not enough people are
contributing anything at all.

Freedom of Speech means the freedom to support candidates for public office without financial interference by the government.  Currently, most successful campaigns are funded by wealthy individuals and PACs. In order to encourage
the vast majority of Americans to support their ideologically favorite candidates, I would introduce a bill making a campaign contribution up to $2,000 per individual per candidate exempt from the current federal income tax. This should encourage many people to get involved in the political process by contributing to campaigns for candidates they ideologically support, allowing them to put aside any feelings of fatalism about the outcomes of elections always resulting in
a candidate from one of the two major parties winning.