...more than $100 must be reported and will be taxed. (Section 527) A political expenditure is defined as one intended to influence the selection, nomination, election, or appointment of anyone to any public office or office in a political organization or the election of Presidential electors and...

...527(g). 210 Sec. 527(e)(2). The term "exempt function" also includes the making of expenditures relating to a Federal, State, or local public office or office in a political organization which, if incurred by the individual occupying that office, would be allowable as a trade or business...