The only reason I suggested a tax break is because it would work as a good motivator for people to actually engage themselves a bit. They're paying the money anyway, why not do something with it?
The idea generally... in an ideal world where you simply could not fund campaigns from money except from public donations like this, it'd just even the odds a little bit for non-billionaires.
I don't know of a way to make the existing money and power of billionaires not matter in politics at all, though. There's always loopholes and workarounds.
The only reason I suggested a tax break is because it would work as a good motivator for people to actually engage themselves a bit. They're paying the money anyway, why not do something with it?
The idea generally... in an ideal world where you simply could not fund campaigns from money except from public donations like this, it'd just even the odds a little bit for non-billionaires.
I don't know of a way to make the existing money and power of billionaires not matter in politics at all, though. There's always loopholes and workarounds.