Party Subsidy
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Party Subsidy
Party subsidies or public funding of political parties are subsidy, subsidies paid by the government directly to a political party to fund some or all of its political activities. Most democracies (in one way or the other) provide cash grants (state aid) from taxpayers' money, the general revenue fund, for party activity. Such funds may cover routine or campaign costs incurred by the party. Among the established democracies the United States, Switzerland and India are the most notable exceptions. Party subsidies can be relatively small (as in the U.K.) or quite generous (as in Sweden, Israel and Japan). In the U.S., the Presidential election campaign fund checkoff, Presidential Fund takes money from the general fund only after authorized by a statement indicated upon a taxpayer's tax return. The recipients of public support (in cash or kind) are party organizations, parliamentary groups (party caucuses) and/ or candidates for public office (parliament or presidency). In combination w ...
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Subsidy
A subsidy, subvention or government incentive is a type of government expenditure for individuals and households, as well as businesses with the aim of stabilizing the economy. It ensures that individuals and households are viable by having access to essential goods and services while giving businesses the opportunity to stay afloat and/or competitive. Subsidies not only promote long term economic stability but also help governments to respond to economic shocks during a recession or in response to unforeseen shocks, such as the COVID-19 pandemic. Subsidies take various forms— such as direct government expenditures, tax incentives, soft loans, price support, and government provision of goods and services. For instance, the government may distribute direct payment subsidies to individuals and households during an economic downturn in order to help its citizens pay their bills and to stimulate economic activity. Here, subsidies act as an effective financial aid issued when t ...
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Party Funding In The Netherlands
By and large political finance in the Netherlands is a party matter. Compared to other nations the spending level is quite moderate, annually about €2,40 per voter. Sources of funds Quite contrary to most other democracies the major source of political money in the Netherlands is membership fees. Even recently membership subscriptions provide about half of all parties' revenue. This heavy reliance on individual party members is a result of the traditional pillarization of Dutch society and politics. As a consequence of living "within one's own circle" citizens supported their own organizations. This resulted in the near absence of contributions from the business community as well as a desire to avoid state intervention and public subsidies as long as possible. However, for most parties a massive decline of party membership figures has limited the funding potential. Thus in 1973, public subsidies were provided for party political foundations, which were involved in research and tra ...
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Subsidies
A subsidy, subvention or government incentive is a type of government expenditure for individuals and households, as well as businesses with the aim of stabilizing the economy. It ensures that individuals and households are viable by having access to essential goods and services while giving businesses the opportunity to stay afloat and/or competitive. Subsidies not only promote long term economic stability but also help governments to respond to economic shocks during a recession or in response to unforeseen shocks, such as the COVID-19 pandemic. Subsidies take various forms— such as direct government expenditures, tax incentives, soft loans, price support, and government provision of goods and services. For instance, the government may distribute direct payment subsidies to individuals and households during an economic downturn in order to help its citizens pay their bills and to stimulate economic activity. Here, subsidies act as an effective financial aid issued when the ec ...
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Political Funding In New Zealand
Political funding in New Zealand deals with political donations, public funding and other forms of funding received by politician or political party in New Zealand to pay for an election campaign. Only quite recently (1993, 2009) has political funding become an issue of public policy. Now there is direct and indirect funding by public money as well as a skeleton regulation of income, expenditure and transparency. Regulation Spending limits Like a few other established democracies (e.g. Canada and the United Kingdom) New Zealand election law stipulates statutory limits for political spending by individuals, groups or organisations that occurs at election times to influence political discourse in general or the outcome of a specific election in particular. In New Zealand spending limits for political parties and candidates (i.e. their campaign spending) do not include some typical campaign finance, election expenses (e.g. opinion polling, travel costs, consultancy fees). At the 202 ...
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Political Funding In Ireland
Political funding in Ireland has re-emerged as an issue of public policy quite recently when in 2012 the Electoral Act of 1997 was amended to cover basic needs of transparency and control. Public funding Under the Electoral Act 1997, a registered party is eligible for payments from the Central Fund in proportion to the percentage of total first-preference votes its candidates received at the previous general election. This is subject to a minimum threshold of two percent of the total first-preference votes. There was criticism of this after the 2019 Irish local elections when Renua received €250,000 despite losing its last remaining elected representatives. Small parties on the brink of the threshold have also exhorted supporters to turn out even in constituencies where their local candidate has no chance of winning a seat. Sources of revenue up until 2012 Details about the sources of political funds prior to 2012 were rather scarce. Based on the information published for 1998 Mu ...
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Party Funding In Austria
Party funding in Austria has been subject to public regulation and public subsidies since 1975. Although the demarcation between campaign financing and routine activities due to overlapping election cycles and "permanent campaigning" is quite difficult, Austrian law has for a long time provided for separate subsidies from the federal budget. So have done the nine states of the Austrian federation and some municipalities. Sources of party funds In the final quarter of the 20th century the overall income of Austrian parties has rested on two major and two minor pillars. Up to 1975 membership fees, donations and assessments of officeholder ("party taxes" in Austrian parlance) had been the three sources of political funding. The 1970s added public subsidies as another major source of revenue. During the 1990s about 900,000 signed up party members contributed 15 to 25 per cent of the parties' annual income. Trade unions and business donors added 10 to 13 per cent. "Party taxes" collecte ...
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Political Funding In Australia
Political funding in Australia deals with political donations, public funding and other forms of funding received by politician or political party in Australia to pay for an election campaign. Political parties in Australia are publicly funded, to reduce the influence of private money upon elections, and subsequently, the influence of private money upon the shaping of public policy. After each election, the Australian Electoral Commission distributes a set amount of money to each political party, per vote received. For example, after the 2013 election, political parties and candidates received $58.1 million in election funding. The Liberal Party received $23.9 million in public funds, as part of the Coalition total of $27.2 million, while the Labor Party received $20.8 million. In Australia, the majority of private political donations come in the form of donations from corporations, which go towards the funding of the parties' election advertising campaign ...
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Political Party Funding
Political party funding is a method used by a political party to raise money for campaigns and routine activities. The funding of political parties is an aspect of campaign finance. Political parties are funded by contributions from multiple sources. One of the largest sources of funding comes from party members and individual supporters through membership fees, subscriptions and small donations. This type of funding is often referred to as grassroots funding or support. Solicitation of larger donations from wealthy individuals, often referred to as plutocratic funding, is also a common method of securing funds. Parties can also be funded by organizations that share their political views, such as unions, political action committees, or organizations that seek to benefit from the party's policies. In certain locales, taxpayer money may be given to a party by the federal government. This is accomplished through state aid grants, government, or public funding. Additionally, politic ...
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Political Finance
Political finance covers all funds that are raised and spent for political purposes. Such purposes include all political contests for voting by citizens, especially the election campaigns for various public offices that are run by parties and candidates. Moreover, all modern democracies operate a variety of permanent party organizations, e.g. the Democratic National Committee and the Republican National Committee in the United States or the Conservative Campaign Headquarters, Labour Party Headquarters and the Liberal Democrat Headquarters in the United Kingdom. The annual budgets of such organizations will have to be considered as costs of political competition as well. In Europe the allied term "party finance" is frequently used. It refers only to funds that are raised and spent in order to influence the outcome of some sort of party competition. Whether to include other political purposes, e.g. public relation campaigns by lobby groups, is still an unresolved issue. Even a limi ...
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Democratic Party (Italy)
The Democratic Party (, PD) is a Social democracy, social democratic political party in Italy. The party's secretary is Elly Schlein, elected in the 2023 Democratic Party (Italy) leadership election, 2023 leadership election, while the party's president is Stefano Bonaccini. The PD was established in 2007 upon the merger of various centre-left parties which had been part of The Olive Tree (Italy), The Olive Tree list in the 2006 Italian general election, mainly the social democratic Democrats of the Left (DS), successor of the Italian Communist Party and the Democratic Party of the Left, which was folded with several social democratic parties (Labour Federation (Italy), Labour Federation and Social Christians, among others) in 1998, as well as the largely Catholic-inspired Democracy is Freedom – The Daisy (DL), a merger of the Italian People's Party (1994), Italian People's Party (heir of the Christian Democracy (Italy), Christian Democracy party's left wing), The Democrats (I ...
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Milan
Milan ( , , ; ) is a city in northern Italy, regional capital of Lombardy, the largest city in Italy by urban area and the List of cities in Italy, second-most-populous city proper in Italy after Rome. The city proper has a population of nearly 1.4 million, while its Metropolitan City of Milan, metropolitan city has 3.2 million residents. Within Europe, Milan is the fourth-most-populous List of urban areas in the European Union, urban area of the EU with 6.17 million inhabitants. According to national sources, the population within the wider Milan metropolitan area (also known as Greater Milan) is estimated between 7.5 million and 8.2 million, making it by far the List of metropolitan areas of Italy, largest metropolitan area in Italy and List of metropolitan areas in Europe, one of the largest in the EU.* * * * Milan is the economic capital of Italy, one of the economic capitals of Europe and a global centre for business, fashion and finance. Milan is reco ...
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