This Republican billionaire using his tax breaks to fund Democrats


In a report from Axios, according to a new Washington Post/ABC News poll, the Democrat's electoral advantage over Republicans has fallen from a +12 to just a +4 in the last three months.

Making matters worse for Republicans, the poll found that the overall shift is mostly coming from GOP-controlled districts.

The poll notes that in the five districts now represented by Republicans, 46 percent of voters back the Republican candidate while 44 percent back the Democratic one.

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A GOP mega-donor and hedge fund billionaire is fed up with the president and Republicans' inability to get things done despite having control of the Congress and the White House, so he's giving his money to Democrats. "I'm choosing to invest it to fight the administration's flawed policies and to elect Democrats to the Senate and House of Representatives".

In the previous two House elections, the aggregate vote from those districts averaged a 22-point advantage for the Republicans (59 percent to 38 percent in 2016 and 61 percent to 38 percent in 2014), according to the Monmouth University Polling Institute.

The poll's vote share in the seven seats now held by Democrats - a 31 percentage point gap - is in line with the average 30-point advantage Democrats held in these districts in both 2016 and 2014.

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Only 35 percent of New Jersey residents approve of the law and 46 percent disapprove, according to Monmouth University.

Klarman said he's financing his new political donations using his share of the $1.5 trillion tax cut Trump signed into law late past year. Just 19 percent expect their taxes to go down, while another 25 percent think there will be no impact. Even among residents in the state's five GOP-held congressional districts, Trump's approval rating is only 43 percent, compared with 53 percent who disapprove. However, the group that views gun control as the top issue is split, with 47 percent supporting Democrats and 46 percent favoring Republicans.

Klarman says he is using his returns from the $1.5 trillion GOP tax cut on Democratic candidates for the House and Senate in 2018.

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The survey was conducted by telephone from April 6-10 with 703 New Jersey adults, including a subset of 632 registered voters. It has a margin of error of plus or minus 3.9 percentage points.