The D.C. public trough is about to have another mouth to feed: politicians.
The so-called Fair Elections Act of 2017, a measure that would provide a five-to-one tax financing match to small-dollar donations to D.C. candidates, cleared committee this month. The sponsor markets the proposal as “giving more people a bigger voice.”
That’s nonsense. The bill proposes a grand experiment with unpredictable impact. There’s a good chance that it will turbocharge the power of special-interest groups in D.C. campaigns, giving fewer interests a dominant voice. It also could incentivize fraud, which could lead to a collapse of public confidence.
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