“Honest Elections Seattle” the I-122 initiative votes big money out of politics

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The I-122 initiative — also known as “Honest Elections Seattle” — passed with 60 percent of votes cast. The initiative provides $100 in “Democracy Vouchers” for each of Seattle’s 400,000-plus registered voters, meaning that ordinary voters can counter corporate influence on elections by up to $40 million in a given cycle. The funding for the vouchers comes from an $8 property tax levied on homes worth $400,000 or more.

http://usuncut.com/politics/seattle-wins-publicly-financed-elections-i-122/