Bacon's Rebellion

Big Blog Buzzes

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by

James A. Bacon
in

Yesterday, the big blog buzz was a Blue Dog dust-up with Scott Hanger that spilled into comment sections throughout the Virginia blogosphere.

Today, I suspect the buzz will be all about the release of state-wide political fundraising numbers.

As usual, Commonwealth Conservative has the big picture, but Addison of Sic Semper Tyrannis, in an apparent bit of screaming baby blogging (2AM time stamp!), has the most fascinating story–the big individual contribution made to the Russ Potts campaign.

Will this huge donation give Potts more credibility, or will it just open him up to more derision? Listen to the buzz ….

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Comments

  1. Ray Hyde Avatar
    Ray Hyde

    To my proposed 50% tax on lobbying activities we might add the same for campaign contributions. We can lump them under the heading of sin taxes.

  2. Paul Avatar
    Paul

    no way man. campaign contributions are SPEECH, I don’t care what anyone says.

  3. Dave Burgess Avatar
    Dave Burgess

    Yes! It’s free speech. This I agree with Paul.

  4. Paul Avatar
    Paul

    Solid.

    McCain Feingold was an incumbent protection bill, and nothing more.

    What scares incumbents more than anything else? Big donors wielding soft money to defeat them. Now they don’t have to worry.

  5. Ray Hyde Avatar
    Ray Hyde

    Ooh, I seem to have touched a sore spot. I thought we pretty uch agreed around here that real estate taxes were bogus nad we should have instead taxes on income and expenditures, including services.

    I’ll agree that a campaign contribution is not a payment for services (we hope). But a tax on services would mean we could tax ad campaigns, which is a service.

    Since the money is being given away anyhow, why not put some of it in the government till? Since the tax applies equally, it wouldn’t hurt either candidate. Since these guys are willing to spend so much money to get the job, they may as well pay part of their own salary if they win.

    Cash flow is cash flow. It seems to me we ought to a) promote cash flow every way we can, and b) get part of the action.

  6. Virginia Centrist Avatar
    Virginia Centrist

    Wouldn’t promoting tax flow involve making donations tax deductible?

  7. Ray Hyde Avatar
    Ray Hyde

    I don’t know. You could argue that making contributions deductible would increase cash flow, and hence the amount of taxable advertising services.

    It would reduce the taxable income of (mostly fat cat) contributors. Would it depend on the degree of progressivity in the income tax?

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