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Contributions, donations or payments to politicians or political parties, including a campaign committee, newsletter fund, advertisements in convention bulletins, admission to dinners or programs that benefit a political party or political candidate and a political action committee (PAC), are not tax-deductible from income taxes. [1]
Proposition 89, a California ballot proposition in November 2006, sponsored by the California Nurses Union, that would have provided for public financing of political campaigns and strict contribution limits on corporations, was defeated. In 2008, the non-partisan California Fair Elections Act passed the legislature and Governor Schwarzenegger ...
The spending limit increases every cycle due to inflation. The FEC estimates that the limits for the primary election will be $40.9 million, of which a candidate must abide by state limits of 65.4 cents per person of voting age population in a state, or $817,800, whichever is greater. [4]
Although federal tax law does not allow for political deductions, some state laws may allow for a tax credit or deduction. The donation has to be related to a state-level campaign or candidate.
The IRS is very clear that money contributed to a politician or political party can't be deducted from your taxes. The following list offers some examples of what the IRS says is
Oregon is currently one of roughly a dozen states that has no limits on campaign contributions, according to the National Conference of State Legislatures. Under the bill, starting in 2027 ...
The Johnson Amendment is a provision in the U.S. tax code, since 1954, that prohibits all 501(c)(3) non-profit organizations from endorsing or opposing political candidates. Section 501(c)(3) organizations are the most common type of nonprofit organization in the United States, ranging from charitable foundations to universities and churches.
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