A joint analysis by the Center for Responsive Politics and Sunlight Foundation of elite donors in America unveiled the following facts. Donors: 1% of 1%
Only a tiny fraction of Americans actually give campaign contributions to political candidates, parties or PACs. The ones who give contributions large enough to be itemized (over $200) is even smaller. The impact of those donations, however, is huge.
Donations to congressional campaigns come from 4 main sources:
Political action committees or PACs.
Large individual contributions of more than $200.
Small individual contributions of $200 or less.
Self-Funding money from the candidates’ own pocket. A very small elite fraction of Americans actually give campaign contributions to political candidates, parties or PACs. The ones who give contributions large enough to be itemized (over $200) is even smaller. However, the impact of those donations is huge.
Both parties are reliant on donations from the 1% of the 1% Percenters.