"The arms race for money that drives our campaigns threatens the concept of one person, one vote."
Why We Need It
- Without clean elections we're getting less democracy for more money.
- The skyrocketing cost of campaigns pushes candidates into a money chase, and almost all the campaign donations (90%) from North Carolina donors comes from only 1% of the state's population.
- Voters are turned off, and many qualified candidates are excluded by a lack of funds.
- Candidates spend too much time raising money and not enough time interacting with voters.
How It Works
|The Money Chase:
Too much money is flooding the political system; campaign fundraising is out of control.
|The cost of winning a seat in the NC legislature has tripled in the past decade. It costs an average of $198,150 to win a seat in the NC Senate.||The NC Voter-Owned Elections Act gives candidates an alternative, a way to escape the money chase.|
The money comes from too many special interests and too few people.
|90% of campaign money in NC comes from less than 1% of the population. Most is given through PACs or large donations.||To qualify, Voter-Owned Elections candidates must show support by getting a fixed number of signatures and small donations from voters.|
Big donors sometimes use their influence to get tax breaks, weak regulations, or favors that cost us millions.
|Roads built to please political donors cost $150 million a year. Tax breaks for insurance firms and banks cost $100 million.||Voter-Owned Elections candidates are accountable to voters, not to wealthy special interests, so they can oppose wasteful subsidies.|
|The Wealthy Primary:
Too many good candidates lose (or don't even run) because they lack financial resources.
|In the past three elections, the top-spending candidate for each seat in legislature won 84% of the time.||Voter-Owned Elections candidates who qualify get a competitive amount from a public fund and agree to a spending limit.|