Item! Candidates are buying your vote

Friday, May 16, 2008 - 17:14 in Mathematics & Economics

Mention the words “vote buying” and modern-day political villains Jack Abramoff and Tony Rezko probably come to mind, or perhaps special interest groups that donate to a politician`s campaign and expect support when relevant bills come to vote. It may shock American sensibilities to learn that, in an economic sense, our votes are bought with every election in the form of campaign promises that are paid later at a cost to the voter in the form of taxes.

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