I don't think it will ever happen, but I would like to see all forms of donations to politicians made illegal. The politicians themselves should not be able to contribute to their campaigns either. That is the only way to put everyone running on a level playing field, minimize corruption, make it so that you don't have to be a millionaire to win, and not make politicians feel like they owe something back to anyone but the people that are in their district. Government MINIMALLY funded campaigns is a better way to go than through donations. Politicians wont support that because they know haw to play the game the way it is currently designed. This would totally change how things are done....for the better. It may even give candidates from third parties a fair shot at winning. Having more than 2 main parties would help to force the various parties to work together rather than pinning one against the other.
Wrong. Your idea would lead to legislatures solely made up of billionaires who don't need donations, and who don't need to make a living from public service. For them, legislating would be like weekend quail hunting on their vast estates. And guess who's the quail?
Can you imagine a Congress made up of hundreds of Mike Bloombergs, Bill Gateses, and Warren Buffets? Public service would truly become the Sport of Kings then.