Business Groups Spent Big on Lobbying During the Tax Overhaul
- More than $56 million spent in fourth quarter by 3 groups
- Texts and emails to secure the best deal for home builders
JPMorgan's Lebovitz Sees Tax Overhaul Boosting Bottom Lines
This article is for subscribers only.
Three groups seeking to influence the most extensive changes to the American tax code since the 1980’s spent more than $56 million on their lobbying efforts in the last three months of 2017, according to disclosures filed with the federal government.
The spending by the U.S. Chamber of Commerce, the National Association of Realtors and the Business Roundtable, the last of which set a quarterly record, capped a big year of lobbying expenditures by corporate interests as President Donald Trump pursued pro-business tax reform and a regulatory rollback in his first year in office.