Soros’ son will be paying up too -- $1 million a year of his own cash – but into a super PAC designed to gather millions more in support of candidates he says are “committed to changing the current system.”
“We now have a democracy that is basically a disagreement among rich people. That leaves ordinary people on the side,” the younger Soros said. “I don’t have a problem with individuals participating in the political process and being able to spend money in favor of their own views. The problem is when there is no alternative when candidates are dependent entirely on large contributions and independent expenditures, it skews the entire system and leaves everybody else out.
“We’re not looking for people to play by a different set of rules or tie one hand behind their back, but who can express a genuine commitment that they see a different path for our democracy,” he said.