'Millionaire' Election Rule Hitting Few
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Few of the millionaires running for Congress have spent enough of their own money to trigger a new law allowing their challengers to raise larger donations to keep pace.
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HereÃ¢ÂÂs how fast the money chase has accelerated in the still-early contest for the 2008 presidential nominations: The amounts raised individually between April and June by each of the two leading aspirants for the Democratic nomination appear likely to match or exceed the totals raised in the parallel period by the top five contenders for the partyÃ¢ÂÂs 2004 nod Ã¢ÂÂ combined.
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There's at least one advantage to not being a millionaire Â less chance of being audited by the Internal Revenue Service.
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Super Tuesday may be a de facto national primary, but the outcome might not be as clear Â or as timely Â as results in most November elections.
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Candidates who spent more than &#36;1 million of their own money trying to win election to Congress in 2004 struck out in nearly every case. Eight made it to the Nov. 2 election, but only one was victorious. The spenders, how much they spent and how they fared:
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VILNIUS : A party led by a Russian-born millionaire won the most votes in the first round parliamentary elections in Lithuania, but apparently not enough to form a government on its own, initial results showed.
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The biggest names don't always provide the biggest returns.
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The campaign fundraising figures reported by individual House and Senate candidates do not tell a complete or necessarily accurate story of the levels of campaign spending in their races. That is because outside playersÃ¢ÂÂ spending also is a major factor in virtually all of the most competitive races Ã¢ÂÂ including the money put in by the national partiesÃ¢ÂÂ campaign committees.
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Why the rich really do get richer -- and how to become one of them.
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New campaign finance rules have prompted many Washington area companies to contribute less soft money into the presidential contest than they did four years ago.
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The rich are getting richer. Well, not all of them. Some have taken the billion-dollar plunge.
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PORTLAND, Maine  - Some 93 million Americans own  shares of mutual funds, but many of these people have only  vague ideas of how they work. Here are some common questions  and the answers to them.
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NEW YORK -- The billionaires' club may not be as exclusive as it once was.
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The Career Couch column last Sunday, about presidential politics in the office, referred incorrectly to comments by Daniel I. Prywes, a partner in the Washington offices of the law firm Bryan Cave. When Mr. Prywes said that soliciting participation in political events might be permissible, he was referring to both employers and employees, not just employees. In addition, he said that employers who coerce employees to make political contributions would be violating federal election laws; he was not referring to employees who solicit contributions.
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How much influence do the super-rich really have over the presidential election?
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The life of a big-dollar Democratic donor isn't always easy. In between attending lavish parties and being wined and dined by various luminaries, sometimes you have to make tough choices.
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The rich pay a lot of taxes as a total percentage of taxes collected, but they donÂt pay a lot of taxes as a percentage of what they can afford to pay.