Thirty Companies Contribute $41 Million to 524 Members of Congress, Receive $10.6 Billion in Tax Rebates
March 28, 2012 A new report to be released Wednesday, March 21 by U.S. Public Interest Research Group (U.S. PIRG) and Citizens for Tax Justice (CTJ) found that thirty unusually aggressive tax dodging corporations have made campaign contributions to 524 (98 percent) sitting members of Congress, and disproportionately to the leadership of both parties and to key committee members. The report, "Loopholes for Sale: Campaign Contributions by Corporate Tax Dodgers," examines campaign contributions made by a total of 280 profitable Fortune 500 companies in 2006, 2008, 2010 and to date in 2012, and is available at http://www.uspirg.org/reports/usp/loopholes-sale.
Loopholes for Sale focuses on campaign contributions by 30 companies – dubbed the “Dirty Thirty” – that a previous U.S. PIRG/CTJ study found collectively paid no federal corporate income taxes between 2008 and 2010 while receiving $10.6 billion in tax rebates and spending millions to lobby Congress. Altogether, these companies spent $41 million on campaign contributions during the four most recent election cycles, with each member of Congress receiving $58,000 on average (top recipients and donors listed below).
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