Outline of Campaign Finance Reform Bill:

1) Congress finds:
a) The U.S. Supreme Court's Citizens United decision has thrown campaign
finance reform into an impossible web of inconsistencies, and
b) Since the Citizens United decision, the Federal Elections Commission has
devolved into a state of uselessness especially as regarding larger campaigns
and donors and large-scale in-kind donations.

Therefore, Congress enacts:

2) The Federal Elections Commission is abolished, effective 30 days from the
adoption of this bill,

3) All Federal limits on campaign contributions by U.S. Citizens and
U.S. Corporations are repealed.

4) An excise tax on campaign contributions is imposed on the total campaign
contributions in any given annual or fiscal year, depending on the reporting
period, including "in-kind donations" and including donations to so-called
PACS or Super-PACs or IEs, etc., of any U.S. Citizen or U.S. Corporation
as follows, effective immediately, rates are on the total contributions:

a) Under $5,000 per year or fiscal year, zero.
b) Over $5,000, 10% of the total.
c) Over $50,000, 20% etc.
c) Over $100,000, 30%
d) Over $500,000, 40%
d) Over $1,000,000, 50%
e) Over $10,000,000, 100%
f) Over $50,000,000, 200%
f) Over $100,000,000, 300%
g) Over $1,000,000,000, 400%

5) Such donors of over $5,000 per year shall submit a schedule listing all
such contributions attached to their annual tax return and pay the tax with
that return.  Estimated tax payment rules shall apply.

6) Affiliated U.S. Corporations shall be included in one combined report of
the acknowledged parent corporation, or if disputed, the corporation with the
largest percentage interest in all related contributing corporations.

7) The Internal Revenue Service shall maintain a website with a publicly
viewable searchable database for such donors of over $5,000 per year showing
both donors and every recipient of such contributions by those donors.