Minnesota Post: “A University of Minnesota law professor and a political consultant who’s worked on five Republican presidential campaigns – both alumni of the George W. Bush administration – launched a campaign finance reform group Wednesday tilted toward the conservative point of view.
“Richard Painter and Mark McKinnon lead the board of Take Back Our Republic, a fledgling group that does not so much decry the evil of big money as the evil of foreign money in campaigns.”
“A crackdown on accepting foreign money is the stick in the equation, but Take Back also offers a carrot. To encourage small donors, it suggests making contributions to federal campaigns up to $500 exempt from disclosure. Currently, any contribution over $200 must be disclosed.
“The group also supports a tax credit for small political donors, giving contributors a credit for donations up to $200 and a deduction for donations up to $600. Minnesota allows a tax refund — up to $100 — for contributions to state campaigns.”