US corporations generate hundreds of billions of dollars annually by bribing politicians

Sunday, April 26, 2015
By Paul Martin

by: Jonathan Benson
NaturalNews.com
Sunday, April 26, 2015

Corporate lobbying is big business in the U.S., where the highest bribing multinational corporations are allowed to freely siphon billions of dollars every year from the federal coffers. But few people realize just how much these monolithic corporate entities are effectively stealing from American taxpayers by paying off Congress for financial and political favors.

According to a recent analysis conducted by the Sunlight Foundation, 200 of America’s most politically active corporations collectively spend about $1.2 billion annually lobbying the federal government for tax breaks, grants and other financial incentives. And in return, they garner more than $733 billion a year in payouts.

The financial rate of return, if you will, for corporations that actively lobby Congress for what they want is astronomical. As explained by Zero Hedge, these returns range between 5,900% for things like oil subsidies and as high as 22,000% for multinational tax breaks. And in the drug sector, the return is even higher, at 77,500%.

“Putting [this] in context, the $4.4 trillion total [that the top 200 corporations received from the federal government between 2007 and 2012] represents two-thirds of the $6.5 trillion that individual taxpayers paid into the federal treasury,” explains Zero Hedge.

That’s right, $4.4 trillion — with a t — is what the 200 most powerful U.S. corporations raked in over the course of five years from congressional lobbying, a huge return from the relatively paltry $5.8 billion they spent to get this massive return. They can call this “lobbying” all day long, but what it really constitutes is bribery.

“[B]y ‘spending: [sic] a paltry $6 billion to bribe the US government, or just a little more than what GM will spend on stock buybacks alone, US corporations are getting the direct benefit of two-thirds of US taxpayers’ labor!” adds Zero Hedge.

Corporations pull in 75,900% return on investment for bribing federal government

The Rest…HERE

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