PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: jlallen who wrote (19443)	5/24/2000 10:10:00 AM
From: DMaA	Read Replies (3) of 769670

New plebiscite results just in. Americans overwhelmingly rejects public financing of political campaigns: May 24, 2000 Tax Report THUMBS DOWN: Very few people say yes to the presidential campaign checkoff. President and Mrs. Clinton said yes. So did Vice President and Mrs. Gore. But they are an increasingly tiny minority. The IRS estimates only about 11.5% of all individual returns filed this year through May 5 showed a "yes" vote in the spot allowing a taxpayer to designate $3 of tax liability to go to a fund to help pay for presidential-election campaigns. That's down from a peak of nearly 29% in 1978, an IRS spokesman says. Political analysts attribute the trend largely to such factors as voter disdain for the political process, apathy and perhaps also confusion about how the checkoff works. Contrary to what some voters may think, checking yes doesn't change how much anyone owes in taxes or the size of a refund. The amount that each taxpayer can designate rose to $3 from $1 starting with tax returns for 1993. interactive.wsj.com

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