Nov 19 2012: Yeah I think this is a really great idea! It will keep the playing fields even because all parties will be losing out on 50% of their funds. It is a great way to raise money for charities, while decreasing the ridiculously large amount of money being wasted on campaign ads. As far as which charity gets the money, I believe that the donors should decide where they want it to go. When they make their donation, they should write down where they want the money to go.
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A comment on Conversation: Every dollar spent on policiatl campaign adds should be matched with a dollar spent to help a charity.