Bag Man

What Does Bag Man Mean?
Any person in charge of organizing and collecting contributions to political parties or funds gathered for political reasons.

Investopedia explains Bag Man
These contributions may be legitimate or illegitimate.

Related Terms

Political Risk
Proxy Tax
Tax Rate
More Related Terms

Related Links

Portrait of a bag man - A story about Parker Dozhier, accused of funneling money during the Whitewater Scandal
Deducting Your Donations - Generosity may be its own reward, but some charitable giving also provides personal tax benefits.
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Navigating Government And Nonprofit Financial Statements - Learn how to trace where your tax dollars and charitable donations are going.
It Is Better To Give AND Receive - You give to benefit others, but there can be perks for you too.

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