The indictment alleges that Adams accepted lavish gifts and campaign contributions from the government of Turkey, in exchange for which he rubber-stamped Turkish projects in the city.
As of this writing, Adams has pleaded not guilty and claimed innocence. But the case provides a window into a particularly odious campaign finance reform: public matching funds.
When New Yorkers donate to local candidates, the campaigns are eligible to have the city match those donations. The program is quite generous, providing an 8-1 match for the first $250 of all private donations-meaning for each New Yorker who donates to a campaign, the candidate can bank up to an additional $2,000 from city taxpayers. (Donations from city nonresidents don't qualify.) Other states and jurisdictions have matching funds programs of their own; New York state, for example, matches donations 6-1 up to the first $250. There is also a federal program that people can opt into by paying $3 on their taxes, though only about 3 percent of taxpayers currently participate.
この記事は Reason magazine の January 2025 版に掲載されています。
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この記事は Reason magazine の January 2025 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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