Americans for Prosperity: Prosperity Podcast #75: Are Democracy Vouchers Good or Bad for Democracy?
Should you be taxed to fund political campaigns? Seattle has experimented with so-called democracy vouchers, or tax financed campaigns, and the results haven’t been good. Property taxes on businesses and individuals in the Emerald City have been hiked by $3 million per year to finance these campaigns, and the money has almost all gone to incumbents. Other cities, including Washington, D.C., are considering joining Seattle in tax financed campaigns. Scott Blackburn, a senior research analyst at the Center for Competitive Politics, joins the podcast to explain why that’s a bad idea.