Uninhibited Marketing campaign Donations Dangers Creating Oligarchy
In new analysis, Valentino Larcinese and Alberto Parmigiani discover that the 1986 Reagan tax cuts led to higher marketing campaign spending from rich people, who benefited probably the most from this coverage. The authors argue {that a} very permissive system of political finance, mixed with the erosion of tax progressivity, created the circumstances for the … [Read more…]