I had an idea this evening and am hoping that people with the right expertise happen to (a) be in this community and (b) see this post and (c) supply factual info.
The Citizens United court case, as I understand it, struck down laws that restricted how much money people could contribute to political campaigns. Money supplied for political purposes was considered "free speech", so laws limiting how much could be given to a candidate were set aside.
I've also read that politicians can (somehow) access money given to political campaigns and keep it for themselves. I know that there are important limitations on that but have no idea what they are.
It occurred to me that if I became a political candidate, set up a campaign fund, and gave it my own money that it could grow tax free while it was in the fund because if it's free speech, it can't be taxed. And since I put the money in in the first place, I should be able to take it back out without paying taxes on (at least) what I put in since I've already paid taxes on it.
One could argue that since it is speech, and one can take back one's words, one should be able to withdraw one's money, since that's the equivalent action.
So, for those of you with the relevant expertise, could this be made to work as a Roth IRA near-equivalent that wouldn't actually have upper contribution limits?