Petition to Deep Six the 527 Loophole

We the undersigned Americans are concerned that big donors are using Section 527 of the IRS tax code to unfairly influence American elections.  We call on Congress and the Federal Election Commission to:

1)      Level the playing field by making all groups that work to influence federal elections abide by contribution limits, just as candidates do now.  The limits should be set at levels ordinary Americans can afford, to prevent big donors from having undue influence.

2)  Take away the tax exemption given to 527 committees that are working to influence state and local elections, unless those committees too abide by the same contribution limits.

3)      Require instant, on-line disclosure of contributions to all electioneering committees and tough enforcement mechanisms for breaking the law.

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