End money's influence over electoral outcomes.
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Amendment XXVIII, (proposed), Section 1:
"Congress will annually appropriate
between one hundredth's-part
and five hundredths'-parts
of gross domestic product [...]"
The first reason:
Public funding by budget item also
and puts the public in control:
There's also a Constitutional reason (see The Public Debate is Self-Governance and Consent of the Governed). Section 1 is about liberty. Keeping public functions free of private transaction keeps our system democratic.
Liberty in the Constitution always refers to a right held by human beings.
Corporate personhood resulted from an error and can be corrected easily
once this amendment reestablishes the public's ability to hold government
officers accountable (see How to End Corporate Personhood by Statute).
Some bad ideas, and even disingenuous false reforms, are debunked in
10 Myths about Campaign Finance Reform. One of these is discussed at
greater length in Tax Credits/Rebates/Campaign Vouchers.