"The I-122 initiative--also known as 'Honest Elections Seattle'--passed with 60 percent of votes cast. The initiative provides $100 in 'Democracy Vouchers' for each of Seattle's 400,000-plus registered voters, meaning that ordinary voters can counter corporate influence on elections by up to $40 million in a given cycle. The funding for the vouchers comes from an $8 property tax levied on homes worht $400,000 or more.
But I-122 does more than just provide public campaign financing--I-122 also prohibits corporations that do more than $250,000 in annual business with the city from donating to local political campaigns. It also outright bans all donations from corporations that put more than $5,000 a year into lobbying elected officials."
eye'm thynkin': Brilliant!
Read more at U.S. Uncut
