"Individual donations should not be too large. In addition to legal provisions, in New York State, all Elephant Party figures must respect their seniority and donate an appropriate amount." Douglas Jr. gave the rules for political donations to Ronald Kopp.

Ronald knew the amount of Douglas's donation, so he also took out his checkbook, wrote a check with a similar amount and handed it to him.

"However, although we don't have to donate too much personally, we can also donate to the political action committee that supports George Sr." Douglas Jr. collected Ronald's check and took out a promotional material and handed it to Ronald.

"Continue to promote jobs and prosperity." Ronald looked at the name above. "What does this mean?"

"The new election law stipulates that people in America can organize various action committees voluntarily. There are no legal restrictions on the money here, and it cannot be used for the election of a specific candidate.

These political action committees (PACs) are all established to achieve certain goals. Support the election of any candidate who vows to promote these goals..."

Douglas Jr. explained that this kind of PAC is not subject to the supervision of election laws, and there is no upper limit on donations to various organizations. But in fact, it is indeed used in TV, newspaper ads, or on the ground in order to support a certain candidate.

.

As long as you don't directly state your support for a certain candidate in the advertisement, you can advertise. For example, the "Continue to Promote Jobs and Prosperity Action" Action Committee can advertise that we support continued prosperity and employment for America. We feel that

George Sr. is the perfect candidate to achieve this goal.

This kind of deception is legal and is used on a large scale by candidates in elections at all levels.

"OK", Ronald looked at the number that was many times larger than the previous donation, frowned, but took out his checkbook and signed another one. This money can buy several of the latest models for himself and his family.

Germany imports luxury cars.

"Don't be like this, if old George is elected, the money will be well spent." Little Douglas knew that Ronald was not familiar with these political operations, so he opened the promotional materials of "Continue to Promote Employment and Prosperity Action" and pointed at

Show Ronald an inconspicuous item in the action plan inside.

"Supporting more reasonable and continued reform of the federal tax system..." What does this mean? Ronald doesn't quite understand this statement.

"Hey, it means suspending investment income and imposing personal tax reform." Douglas Jr. laughed.

"Aha?" Ronald became interested, that's it.

The current leader has carried out drastic reforms on personal income tax. While the overall tax rate has dropped, the supervision of collection has also become stricter. The biggest reform is that income from securities, real estate, and other investments is no longer taxable.

Any tax rate concessions and delayed collection benefits.

The stocks that Ronald bought after the stock market crash were originally subject to a federal personal income tax of nearly 20% after the tax reform. This tax reform is obviously to reduce the burden on the middle class, but strictly imposes it on the wealthy class.

A reform trend to expand the tax base.

However, on Wall Street in New York, there are rich people many times richer than Ronald. They don’t want to pay so much income tax in vain. Therefore, many PACs aimed at suspending the collection of personal income tax on investment income have been established one after another. They are all waiting to see who can become the

Xiang party’s candidates for leadership, and then provide huge funding to ensure that the new leadership can continue the golden age policies of the past seven years.

"Is it enough? If it's not enough, I'll add more." Of course, this PAC, headed by the Ronald and Douglas families, made its bets in advance and began to inject blood to George Sr.'s campaign team during the primary stage.

"Don't worry, there are still many rounds of fundraising. If you donate more, you can have dinner with Barbara and take photos with old George."

"Hey, I have all of this." Ronald put away his checkbook with a smile. Although the temporary donation was a bit painful, the benefits that Old George could bring if he was elected were also huge. A tax-free policy could save himself...

...well at least millions of dollars spent.

"Don't worry, there's another one here..." Little Douglas smiled and took out the third donation information and handed it to Ronald.

"what is this?"

"The biennial election for the federal House of Representatives will also be held at the same time. This year we support the candidate for the 14th District of New York State."

Ronald looked at the white man in the promotional materials. He was about sixty years old, with gray hair. His eyes were firm, and he wore glasses and looked very imposing.

"Guy Molinari, his father, Robert Sr., was my grandfather's comrade in World War II. He was the first Italian congressman in New York. Guy himself is also a veteran of the Marine Corps, and he is a die-hard member of the Elephant Party."

"I donate the same amount as old George, right?" Ronald took out his checkbook again.

"You're already started, hahaha." Little Douglas picked up the check and kept it.

Ronald looked at the list of representatives of the last New York State House of Representatives in the promotional materials and found that there were all skin colors in it. In several districts in northern Manhattan and several districts in Brooklyn, many members were black or people of color.

.

Like the 14th District, which represents the Wall Street area of ​​lower Manhattan and the entire Staten Island, the skin color of the members is similar to the race of the voters.

"It's good for you to support him. For your piece of land where you plan to build a Chinese-style garden, Gai Molinari will help you clear it. The Staten Island government and the New York City Council will also go through the land use change approval procedures."

Faster."

"Of course, I will call his office." Ronald thought to himself, the top leader would give him the benefit of tax cuts, while the congressman can be regarded as a local snake. This man has been re-elected three times.
Chapter completed!