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Contributions or gifts to Obama Victory Fund 2012 are not tax deductible. The first $5,000 of a contribution to OVF 2012 will be allocated to Obama for America (with the first $2,500 designated for the primary election, and the next $2,500 for the general). The next $30,800 of a contribution will be allocated to the Democratic National Committee. A contributor may designate a contribution for a particular participant. This allocation formula may change if following it would result in an excessive contribution. |
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Will this get me a discount on the fine the IRS will levy against me if I don't buy Barack's prescribed health insurance?
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