By Fareed Zakaria
Compared with other democracies, the United States has become not just an outlier but practically another planet. The total cost of the 2010 national elections in Britain — the mother of parliamentary government — was $86 million. The cost of the 2012 U.S. elections has been estimated to be nearly 75 times that number, at $6.3 billion.
Taking money out of politics is a mammoth challenge. Perhaps the best that one could hope for would be to limit instead what Congress can sell. In other words, enact a thorough reform of the tax code, ridding it of the thousands of special exemptions, credits and deductions that are institutionalized, legalized corruption.