Tax Bill Written By Lobbyists Will Help Richest And Soar National Debt

Greg Nash
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Tax reform is taking over Washington, so much so that more than half of all registered lobbyists have disclosed working on the issue, according to an analysis from Public Citizen, a government watchdog group.

There are just under 11,000 active lobbyists in the nation’s capital, according to data compiled by the Center for Responsive Politics (CRP), and more than half of them — 6,243 — have reported working on taxes this year, according to the report, which relies on CRP data.

Spread out over Capitol Hill, that means there are more than 11 lobbyists working on taxes for every member of Congress.

One of the central issues for the tax push is reducing corporate tax rates, long a top Republican goal. The proposals floating in the House and Senate would cut the top corporate rate from 35 percent to 20 percent.

The White House has said it would accept no more than a 20 percent rate.

Thirty-one of the thousands of lobbyists working on tax reform have ties to President Trump or Vice President Pence, Public Citizen found.

 

read more at thehill.com

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About Chuck Berry

Chuck comes from a lineage of journalism. He has written for some of the webs most popular news sites. He enjoys spending time outdoors, bull riding, and collecting old vinyl records. Roll Tide!