As we read in this article from September 22Th, US candidates follow money trail to London. Specially Bill Clinton and Michelle Obama are seeking for funds in UK. The main reason is because expatriates are a big source of campaign dollars.
Two spouses of leading Democratic presidential candidates - Bill Clinton and Michelle Obama - are to visit London next month to try to tap into an increasing source of campaign funds from Americans living abroad.
Apparently UK and Europe are very much seek by Americans, but living in a new European and more cultural perspective the expatriates,or also known as immigrants, still care about their country and they agree donations are significant for the increasement of their favorite candidates.
In the first six months of this year, US expatriates donated $471,000 (£235,000) to presidential candidates, a report by the Centre for Responsive Politics said, nearly as much as was donated in the entire 2000 election season. Most of the money was raised in London, which accounted for $270,000 of the total
By law, only US citizens and permanent residents (green card holders) are allowed to contribute to election campaigns. But the 4 million to 7 million Americans living overseas have emerged as an increasingly important source of funds.
As a result of this impressive donations, the money is to improve campaigns, but, as we observe in the article, with the race for the White House in full swing, candidates need to pay for television advertisements, private jet travel and staff.
Pay tax in England...spend them in US!
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