For example, big oil, gas, and coal in 2009 and 2010 got a 5,800% return on their investment in politicians. They spent nearly $350 million in political contributions and in lobbying Congress and received about $20 billion in subsidies. (see priceofoil.org for more info.)
And some of the most profitable corporations pay little or no taxes. Some actually receive refunds from taxes paid by American citizens. For example, Citizens for Tax Justice found that in 2008-2010, General Electric made a $10.5 billion profit yet got refunds of $4.7 billion. Verizon’s profits were $32.8 billion, yet it got $951 million in refunds.
Gamble points to this abuse and says, “I don’t have $20 million to buy an election, but corporations, the very wealthy, and special interest groups do. That’s not right.”
For the whole story read The Progressive Fox