Elizabeth Warren proposes new lobbying tax that would cost US mega-corporations hundreds of millions

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Elizabeth Warren proposes new lobbying tax that would cost US mega-corporations hundreds of millions
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Warren's plan includes a scaling tax for trade groups and corporations that spend more than $500,000 per year on lobbying efforts.

Democratic presidential candidate Elizabeth Warren on Wednesday unveiled a plan designed to curb the influence of corporate lobbying. A key component of Warren's plan is a new tax on what she refers to as"excessive lobbying," which includes corporations and trade organizations that spend more than $500,000 per year trying to exert influence over government decisions.

Democratic presidential candidate Elizabeth Warren on Wednesday unveiled a plan designed to curb the influence of corporate lobbying. A key component of Warren's plan is a new tax on what she refers to as"excessive lobbying," which includes corporations and trade organizations that spend more than $500,000 per year trying to exert influence over government decisions.

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