Report: 8 Firms That Paid the Most in Lobbying Had Lower Tax Rates

intro: The eight companies that spent the most on lobbying happened to have a lower corporate tax rate, a report released this week from the Sunlight Foundation found. The Sunlight Foundation, a watchdog group advocating for government transparency, analyzed the 200 largest U.S. companies, ranked by 2010 pre-tax income, and found those that spent the most on lobbying between 2007 and 2009 had lower 2010 tax rates than what they paid in 2007. Some of the companies say their tax rates have little...Full Story
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