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octoberlib

(14,971 posts)
Wed Feb 27, 2013, 03:31 AM Feb 2013

Want to limit the influence of money in politics? Tax legislators who become lobbyists

By Bill Moyers and Michael Winship

Jesse Eisinger, writing at The New York Times, reports that on January 25, Senate Majority leader Harry Reid announced the appointment of Cathy Koch as his chief advisor on tax and economic policy. According to the Times, “The news release lists Ms. Koch’s admirable and formidable experience in the public sector. ‘Prior to joining Senator Reid’s office,’ the release says, ‘Koch served as tax chief at the Senate Finance Committee.’”


But, Eisinger notes, the press statement fails to mention Ms. Koch’s actual last job — as a registered lobbyist for GE. “Yes, General Electric,” he writes, “the company that paid almost no taxes in 2010. Just as the tax reform debate is heating up, Mr. Reid has put in place a person who is extraordinarily positioned to torpedo any tax reform that might draw a dollar out of GE — and, by extension, any big corporation.”




A quick search of newspapers around the country reveals how pernicious the problem is. On February 22, the Los Angeles Times reported “the abrupt resignation” of State Senator Michael J. Rubio to take a government affairs job with Chevron: “As chairman of the Senate Environmental Quality Committee, Rubio was leading the charge to make California’s environmental laws more business-friendly and has introduced bills during his two years in office that affect the oil industry in his Central Valley district.”




You get the picture. In 15 states, according to the progressive Center for Public Integrity, “there aren’t any laws preventing legislators from resigning one day and registering as lobbyists the next… In the most egregious cases, legislators or regulators have written laws or set policy that helps a business or industry with whom they have been negotiating for a job once they leave office.” What’s more, in many of the 35 states that do have restrictions, “the rules are riddled with loopholes, narrowly written or loosely enforced.”


http://www.rawstory.com/rs/2013/02/26/want-to-limit-the-influence-of-money-in-politics-tax-legislators-who-become-lobbyists/
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