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Tax Bill Makes Dark Money in Politics a Tax Writeoff

Wealthy Americans may get a new conduit for political money in the tax overhaul bill now being reconciled on Capitol Hill. A small provision in the House version of the bill would let big donors secretly give unlimited amounts to independent political groups -- and write off the contributions as charitable gifts. "You not only get to help that candidate with a big contribution, it's not going to be publicized and you're going to be able to take a tax deduction on top of it," said Michael Franz, a political scientist, who analyzes political advertising with the Wesleyan Media Project.
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