Thursday, August 18, 2011

Toyota Spent $1.2 Million Courting Washington Politicians in Q2 of 2011

Toyota Spent $1.2 Million Courting Washington Politicians in Q2 of 2011:

Lobbying is a fact of political life in most democracies. And as with everything else, it isn’t for free: you can never get something for nothing, and the companies know that very well. So they are prepared to spend quite a lot of cash on lobbying the US House and Senate for laws and regulations that meet their needs.

How much? It depends. Toyota Motor Corp., for example, spent $1.29 million in the second quarter of 2011 lobbying on tax incentives for patent laws, alternative energy vehicles, fuel cells and other issues, according to a report filed on July 20 with the House clerk's office, and which was obtained by the media.

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