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.
Bu hikaye Reason magazine dergisinin January 2025 sayısından alınmıştır.
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Bu hikaye Reason magazine dergisinin January 2025 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Libertarianism From the Ground Up
ARGUMENTS FOR LIBERTARIANISM typically take two forms. Some libertarians base their creed on natural rights-the idea that each individual has an inborn right to self-ownership, or freedom from aggression, or whatever-and proceed to argue that only a libertarian political regime is compatible with those rights.
Lawlessness and Liberalism
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Politics Without Journalism
THE 2024 CAMPAIGN WAS A WATERSHED MOMENT FOR THE WAY WE PROCESS PUBLIC AFFAIRS.
EVERY BODY HATES PRICES
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Bye, Joe
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