Last week, the Sunlight Foundation’s reporting blog responded to a post I wrote about my experience as a lobbyist convincing members of Congress not to impose a retroactive tax on inverted companies, including my then-client, Tyco. Inverted companies are those who reincorporate overseas, primarily to avoid paying US corporate taxes. Tyco was actually purchased by ADT, based in Bermuda, but that transaction had the same effect.
Keenan Steiner writes:
But a review of the record, and interviews with a former colleague as well as with a congressional staffer to a key senator pushing the legislation, do not support his claims …
What happens when you leave your job on the Hill? You’re welcomed with open arms on K Street. At least, that was the case for nearly 400 former House staffers who left Congress to register as lobbyists from 2009 to 2011, according to a new Sunlight Foundation study. Sunlight’s Leo Drutman writes:
More than two in five former House staffers who registered as lobbyists went to one of Washington’s many lobbying firms. One in five went to lobby for a for-profit corporation, and another one in five went to lobby for a business or trade association. In other words, corporate …
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