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While allowing to donate millions of dollars extends the political influence to the average person?
My point is that the barrier to entry to donate large amounts of money is lower than the barrier to elude regulations.
Possibly. But the point is how much political influence you get. Influencing politics with direct donations is much more efficient than eluding regulation.
No. Political influence tends to be zero sum, thus the fewer competing sources of influence there are, the more of it you have.
I don't think so. If nobody spends in political influencing, people will still vote for somebody.