SUBSCRIBE TO OUR FREE NEWSLETTER
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
5
#000000
#FFFFFF
5
#000000
#FFFFFF
Amount that the 200 most politically active corporations in the U.S. spent on federal lobbying and campaign contributions between 2007 and 2012, according to a new report from the Sunlight Foundation titled "Fixed Fortunes": $5.8 billion
In return, amount they got in federal business and support: $4.4 trillion
For every dollar spent influencing politics, amount these corporations received from the federal government, on average: $760
Total value of federal government-issued contracts to purchase goods and services during that period: more than $3 trillion
Portion of those contracts that went to these most politically active corporations: 1/3
Rank of finance, insurance and real estate among the sectors that accounted for most of the 200 corporate political powerhouses: 1
Total amount in loans and other assistance issued under a program created by Congress to address the 2008 financial crisis: $410 billion
Percent of that which went to just 16 of these politically influential companies: 73
Number of foreign financial service and banking firms that were among the companies that received the biggest returns on their political investments: 3*
Amount that North Carolina-based Bank of America spent on campaign contributions and lobbying during the period studied: $45.2 million
Value of federal business and support it got in return: $476.2 billion
Amount that Georgia-based utility giant Southern Co. spent on campaign contributions and lobbying: $86.2 million
Value of federal business and support it got in return: $597.6 million
Southern Co.'s effective tax rate: 11%
Amount that North Carolina-based utility giant Duke Energy spent on contributions and lobbying: $36 million
Value of federal business and support it got: $229.7 million
Duke Energy's effective tax rate: 3%
Portion of Americans who believe corporations should have to pay more in taxes: 2/3
Percent of Americans who trust the federal government: 19
* UBS and Credit Suisse Group of Switzerland and Deutsche Bank of Germany.
(The figures in this index are all from "Fixed Fortunes: Biggest corporate political interests spend billions, get trillions" by Bill Allison and Sarah Harkins of the Sunlight Foundation.)
© 2023 Institute for Southern Studies
Amount that the 200 most politically active corporations in the U.S. spent on federal lobbying and campaign contributions between 2007 and 2012, according to a new report from the Sunlight Foundation titled "Fixed Fortunes": $5.8 billion
In return, amount they got in federal business and support: $4.4 trillion
For every dollar spent influencing politics, amount these corporations received from the federal government, on average: $760
Total value of federal government-issued contracts to purchase goods and services during that period: more than $3 trillion
Portion of those contracts that went to these most politically active corporations: 1/3
Rank of finance, insurance and real estate among the sectors that accounted for most of the 200 corporate political powerhouses: 1
Total amount in loans and other assistance issued under a program created by Congress to address the 2008 financial crisis: $410 billion
Percent of that which went to just 16 of these politically influential companies: 73
Number of foreign financial service and banking firms that were among the companies that received the biggest returns on their political investments: 3*
Amount that North Carolina-based Bank of America spent on campaign contributions and lobbying during the period studied: $45.2 million
Value of federal business and support it got in return: $476.2 billion
Amount that Georgia-based utility giant Southern Co. spent on campaign contributions and lobbying: $86.2 million
Value of federal business and support it got in return: $597.6 million
Southern Co.'s effective tax rate: 11%
Amount that North Carolina-based utility giant Duke Energy spent on contributions and lobbying: $36 million
Value of federal business and support it got: $229.7 million
Duke Energy's effective tax rate: 3%
Portion of Americans who believe corporations should have to pay more in taxes: 2/3
Percent of Americans who trust the federal government: 19
* UBS and Credit Suisse Group of Switzerland and Deutsche Bank of Germany.
(The figures in this index are all from "Fixed Fortunes: Biggest corporate political interests spend billions, get trillions" by Bill Allison and Sarah Harkins of the Sunlight Foundation.)
Amount that the 200 most politically active corporations in the U.S. spent on federal lobbying and campaign contributions between 2007 and 2012, according to a new report from the Sunlight Foundation titled "Fixed Fortunes": $5.8 billion
In return, amount they got in federal business and support: $4.4 trillion
For every dollar spent influencing politics, amount these corporations received from the federal government, on average: $760
Total value of federal government-issued contracts to purchase goods and services during that period: more than $3 trillion
Portion of those contracts that went to these most politically active corporations: 1/3
Rank of finance, insurance and real estate among the sectors that accounted for most of the 200 corporate political powerhouses: 1
Total amount in loans and other assistance issued under a program created by Congress to address the 2008 financial crisis: $410 billion
Percent of that which went to just 16 of these politically influential companies: 73
Number of foreign financial service and banking firms that were among the companies that received the biggest returns on their political investments: 3*
Amount that North Carolina-based Bank of America spent on campaign contributions and lobbying during the period studied: $45.2 million
Value of federal business and support it got in return: $476.2 billion
Amount that Georgia-based utility giant Southern Co. spent on campaign contributions and lobbying: $86.2 million
Value of federal business and support it got in return: $597.6 million
Southern Co.'s effective tax rate: 11%
Amount that North Carolina-based utility giant Duke Energy spent on contributions and lobbying: $36 million
Value of federal business and support it got: $229.7 million
Duke Energy's effective tax rate: 3%
Portion of Americans who believe corporations should have to pay more in taxes: 2/3
Percent of Americans who trust the federal government: 19
* UBS and Credit Suisse Group of Switzerland and Deutsche Bank of Germany.
(The figures in this index are all from "Fixed Fortunes: Biggest corporate political interests spend billions, get trillions" by Bill Allison and Sarah Harkins of the Sunlight Foundation.)