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View Full Version : Proposal to cut financing to politics



NewsWhore
06-04-2008, 02:00 PM
The National Council for the Reform of the State (Conare) proposes to reduce taxpayer funding for political parties from 0.50% to 0.25% in presidential election years, and from 0.25% to 0.125% in congressional election years. Of the funds, 70% would be distributed in proportion to valid votes received in the previous election. Of the remaining 30%, 20% would be distributed to political parties that received less than 5% of the vote, and 10% in proportion to the valid votes obtained by the parties receiving less than 5%.

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