The lobbying firm of Jeff Ricchetti, brother to senior Biden counselor Steve Ricchetti, saw its revenue more than quadruple in the first half of this year, The Wall Street Journal reported.
Ricchetti, Inc. pulled in $1.67 million in revenue in the first half of 2021, more than quadrupling earnings from the same period last year, according to a report by the WSJ that cited lobbying disclosure records. Since President Joe Biden took office, Ricchetti, Inc. added clients such as Amazon, General Motors and Horizon Therapeutics, according to the WSJ.
While the tech giant Amazon has publicly endorsed proposals to raise the corporate tax rate in the United States, the company has been secretly lobbying to keep its own tax rates low, Politico reports.
Last year, during the 2020 presidential election, Amazon CEO Jeff Bezos openly supported then-candidate Joe Biden’s proposals to raise taxes on American corporations. Those proposals have re-emerged in recent weeks as a possible means of funding a possible infrastructure bill, and Biden has been advocating for other countries around the world to adopt higher corporate tax rates as well.
But recently, Amazon has been stepping up its lobbying efforts to try to convince Congress and the White House to allow the company to keep using certain tax breaks in order to keep its own rates low. The retail giant hired a tax lobbyist named Joshua Odintz, who formerly worked as a Democratic aide on Capitol Hill and then as an official in the Obama Administration. In addition to Amazon’s own efforts, similar lobbying has been undertaken by a group known as the “R&D Coalition,” which consists of several companies and organizations including Amazon, Intel, and the National Association of Manufacturers.
The consequences of Democratic control of Congress and the White House are just beginning to be felt, as one of the most disruptive pieces of legislation in American history quietly moves from the House of Representatives to the Senate, where only a successful filibuster may prevent its passage. H.R. 842, also known as the Protect the Right to Organize Act (PRO Act) goes a long way towards completing America’s transition into a corporate oligarchy. Because it will also make the elite captains of big labor more powerful than ever, they don’t care.
The PRO Act, like the more visible H.R. 1, is an example of disastrous legislation that is packaged and labeled as advancing the interests of the American worker, when in fact they are designed by special interests to destroy democracy and deny upward mobility. The new operative theme is simple and tragic: in America, big labor, big business, and big government no longer engage in healthy conflict. Rather than checking and balancing each other, on the biggest issues they display a corrupt unity.
Here are some of the provisions of the PRO Act:
TikTok has hired several Democratic and Republican operatives to lobby the U.S. governmental amid concerns that the social media platform represents a national security threat.
The company hired several operatives recently to lobby on TikTok’s behalf, including Michael Hacker, who worked as a senior advisor to Democratic House Majority Whip James Clyburn of South Carolina, CNBC reported Friday. TikTok hired two executives from the Internet Association as well, according to the report.
The Buckeye Institute announced on Monday it filed an amicus brief with the U.S. Supreme Court to support lawyers’ First Amendment rights — by ensuring they are not compelled to join bar associations that lobby for political and ideological issues that they oppose.
by Chris White Facebook spent several million dollars on lobbying efforts over the past few months as the Silicon Valley company’s algorithm changes continue to wallop small media outlets. The big tech company dropped more than $4 million during the second financial quarter, a record for Facebook up to…
Professional Educators of Tennessee will continue to lobby for public education. However, we will never endorse political parties or candidates as an organization on behalf of our members. We also do not have a PAC, nor do we plan to ever start one. It would harm our effectiveness. We must advance public education without the divisive tribalism of partisan politics, and we will only get involved in education related issues.