Tuesday, November 09, 2004
Payback
The corporate wish-list is announced and Santa just got re-elected!
Lobbyists for the nation's leading business groups have been toasting the success of what they describe as an unprecedented effort this year to help elect President Bush and Republican congressional candidates. Now they plan to collect on that investment...
...Business was generally pleased with the first four years under Bush, but Tuesday's victory now brings within grasp some of the things it was unable to secure in his first term.
The list, according to interviews with lobbyists and trade associations, includes making tax cuts for capital gains and dividends permanent, limiting liability lawsuits, changing bankruptcy laws and opening previously restricted land in Alaska and elsewhere for energy exploration.
Business groups also count on more narrow shifts, such as changing health insurance rules in a way that benefits some of the GOP's most ardent allies, easing corporate government reform measures at the Securities and Exchange Commission, and making specific adjustments to the tax code.
See also this.
(via Bob.)
posted by chris at 11:43 AM
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