On April 4, 2023, the Manhattan District Attorney announced the indictment of former President Donald Trump on 34 counts of falsifying business records. These are misdemeanor charges in New York State, but they upgrade to felonies when the defendant falsified business records to conceal another…
Resolving all this is thorny, but in Libertarian Land the issue is simple: there is no campaign finance regulation.
In a democracy, candidates cannot support policies that are significantly out of step with a majority of their constituents. Also, it is unclear whether contributions influence positions or certain positions attract contributions. Many positions that attract contributions have substantial support, like environmentalism.
These regulations also reward dishonest candidates who evade enforcement or have the legal know‐how to exploit loopholes at the expense of law‐abiding, less‐resourced candidates.
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