Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Falcon28
What's with "loaning" money to their own campaign?

Some kind of tax dodge?

2 posted on 05/04/2010 9:14:25 PM PDT by Willie Green ("You can observe a lot just by watching.")
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Willie Green
No tax dodge. If you loan your campaign money, and win, you can repay yourself from the lobbyist / interest group donations that incumbency attracts. Outright donations cannot be repaid. The really rich self-funded candidates self-donate rather than self-lend in order to be able to hold themselves out as truly unaffected by special interest money.
7 posted on 05/06/2010 10:32:46 AM PDT by only1percent
[ Post Reply | Private Reply | To 2 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson