NEW REPORT: For Hire: Lobbyists or the 99%?

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Public Campaign released a new report, For Hire: Lobbyists or the 99%, which shows how corporations, by paying huge amounts of money for Washington, D.C. lobbyists, are able to pay little, if any taxes.

From the executive summary: "Amidst a growing federal deficit and widespread economic insecurity for most Americans, some of the largest corporations in the country have avoided paying their fair share in taxes while spending millions to lobby Congress and influence elections. This report builds on a recent report on corporate tax dodging by Citizens for Tax Justice by examining lobbying expenditure data provided by the Center for Responsive Politics. We also look at publicly available data on job creation, federal campaign contributions, and executive compensation, to understand how these corporations have been spending their cash."

(Download the full report)