Why Who's in Charge Doesn't Matter-- In Lobbyists They Trust


by Anthony Sibley (AJ) on Jan 8, 2015 | Views: 128 | Score: 0
Proportion of All 20,500 Lobbying CompaniesPercentage of Money Spent on Lobbying by All CompaniesPercentage of Tax Revenue Gov't Paid Out to All Companies*
Top 200 Lobbying Companies Represent...12666
(*Individual Taxpayer Revenue)
%
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Anthony Sibley (AJ)
Anthony Sibley (AJ) on Jan 8, 2015 8:27 AM said:

From 2007 to 2012, America's most politically active corporations spent $5.8 billion, an average of $28.9 million each, on congressional lobbying and campaign contributions to promote policies favorable to their businesses. Often times, this equated to contracts and subsidies-- for those 200 companies, $4.4 trillion, or $22.2 BILLION each. This represents two-thirds of the $6.4 trillion collected in individual taxes. A study found that politicians are overwhelmingly more responsive to businesses and the economic elite, with the preferences of the average American having no actual effect.

Peter Graham
Peter Graham on Jan 11, 2015 12:15 PM said:

It is a massive injustice to the American people that legal formalists on the Supreme Court have squarely linked capital with free speech in a time when economic inequality in the United States is again receiving increased attention. While lobbying will likely remain unaffected, tackling Citizens United will be a step in the right direction.