Sunday, December 22, 2019

Lobbying and Politics Essay - 1236 Words

Dating back many decades, it appears that lobbying and politics have always gone hand and hand on any political stage. Lobbying has always had a strong presence in the legislation system. Lobbying is the process of offering campaign contributions, bribes, or information to policymakers for the purpose of achieving favorable policy outcomes. Conventional wisdom suggests that lobbying is the preferred mean for exerting political influence in rich countries and corruption in poor countries. The legislation is meant to benefit society and ensure that citizens are having their voices heard, instead of hindering them in favour of the multi-national corporations. Lobbying has a negative influence on legislations in both developed and developing†¦show more content†¦This is astonishing as it benefited these companies as they saved hundreds of millions from taxes. This hinders the political process as it then causes an issue for the citizens as tax revenue from the lobbyers decreas e, it leads to taxes being increased on everybody else. Among Fortune 100 companies, the ten that lobbied most in 2010 paid an average effective tax rate of 17%; the 80 that lobbied least paid an average of 26% (The Economist, 2014). Tax revenue is required by any government to be able to operate. In addition to tax increases on others, a reduction in overall spending and services by the government can be used to compensate for tax cuts obtained by the corporations who lobby. If in this situation of lobbied tax cuts, the government wants to sustain its spending, while not increasing taxes or the government, it is able to use debt in order to operate. Although this helps in the short time-period, the long-term affects can negatively affect the country. Throughout the national and state governments, public institutions like schools have been receiving decreased funding, particularly if their services are geared towards those who have no lobbying presence (Sager, 2012). This makes sens e, as corporations who use lobbyists wouldn’t let their services be cut when there are ways to offset the costs ontoShow MoreRelatedThe Effects Of Free Speech On The United States1729 Words   |  7 Pagesheard besides the elite, major corporations and foreign interest groups with financial security. Lobbying by itself is a form of consultation and essential to policy making, by helping to inform the United States Congress of what issues legislation and laws will affect and the possible outcomes if policies are enacted; this by itself is a positive aspect for the decision making Clem 2 process. Lobbying is a way for self interest groups to persuade the outcomes of policies through discussions andRead MorePolitical Campaign Contributions Of The United States Essay996 Words   |  4 Pagesbulletins and admissions to dinners or programs that benefit a political party or political candidate aren’t deductible,† informed in IRS Publication 529 (Political Contributions, 2015). It is also non-deductible for any of the portions of dues to lobbying or political activities. Public funding of Presidential elections means that qualified Presidential candidates receive federal government funds to pay for the valid expenses of their political campaigns in both the primary and general elections.Read MorePolitical Geography And Corporate Political Strategy881 Words   |  4 Pagescorporate lobbying. 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This is a massive amount of money that is spent in the Pharmaceuticals/Health Products industry, which spends the most money when it comes to lobbying. In the censoredRead MoreShould Congress Place Restrictions on Lobbying? Essay1649 Words   |  7 Pageshave surfaced recently, but one that tends to fly under the radar is lob bying. Lobbying is defined as a group of persons who work or conduct a campaign to influence members of a legislature to vote according to a group’s special interests (â€Å"Lobby†). Although average citizens are not fully aware of the issue, it is quite contentious in politics. For those who are against it, they believe that restrictions should be placed on lobbying because it distorts democracy. Lobbyists use money and cost-effectiveRead MoreThe Issue Of Church And Taxes1235 Words   |  5 Pagescourts both agree on the same rules that apply to taxing church property. 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The company adamantly opposes selling dogs and cats in retail stores, and is thusRead MoreWe Must Not Allow Wealthy Donors to Control U.S. Politics Essay1513 Words   |  7 Pages demonstrated this through his book Aftershock the broke bargain of the economic crisis from 2008and possible solutions for it. In order to fix our economy and prevent future crises, we must have political reform in campaign finances, controlled lobbying and thorough background checks. Today the United States government properly defines itself as a representative regimen. We as the people of government have every right to select our representatives in congress. But most often the people we selectRead MoreShould lobbyists be more regulated? Essay954 Words   |  4 PagesEach year, more money than is spent on lobbying than is spent on keeping up Yellowstone National Park! The total comes out to about 36 million dollars. Shocking? The shocking statistic is that the majority of this money is not being spent to help politicians out on the campaign trail but is rather being spent on lavish parties for politicians in office by influencial lobbying groups. The results are obvious and crippling, while so much of a politicians revenue and lavish lifestyle is supported byRead MoreThe Legal And Political Environment701 Words   |  3 PagesRights. Companies might pay briberies to government. The business law is vague. Stable business environment. Freedom and no censorship. Higher risk compared to democratic state. Lower risk compared to totalitarian state. Adapted from Effects of politics on international business. (Slideshare.net, 2015) The table clearly shows that different type of political system will affect a company s operation in a country. It is also important for company to be observant to the political environment. Companies

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