Follow the Money
A few private equity millionaires are trying to buy our elections. 22 private equity millionaires have given nearly $4mill to rewrite the rules on our elections. These same millionaires know the game well, having given massive sums to super PACs, Charter School Expansion, and more.
Almost all the money came from a tiny group
Almost 80% of the $5.1 million Yes on 3 has raised has come from 22 private equity millionaires, mostly from Bain, Berkshire Partners and Cove Hill. This is not a movement of small donors and town meetings. It is a well funded campaign financed by a handful of people who have used their massive wealth in the past to buy elections.
Why wealthy donors want this
Ask the obvious question: why would private-equity millionaires spend this kind of money to change how you vote? A system where only two candidates reach November, and where the primary is the decisive contest, is a system that rewards whoever can spend the most early. Big money goes further when the real race is settled in a crowded primary and the donors behind Question 3 know that. Many of whom are big donors to politicians, super PACs and ballot questions such as the Charter School Question from 2016. We can’t afford to let the ultra wealthy keep tipping our elections in their favor.
They’ve lost IN OTHER STATES
In 2024, voters in several states rejected nearly identical measures. In one state, a structurally identical proposal lost decisively even though its backers outspent the opposition by roughly twenty to one. Money can put a measure on the ballot. It can’t make it a good idea and voters keep seeing through it. Reject Question 3.