Warren's 'Excessive Lobbying Tax' Seeks To Rein In Corporate Influence

The video discusses the influence of lobbyists on the political system and presents Democratic presidential candidate Elizabeth Warren's proposal for a lobbying tax. Warren aims to impose severe tax penalties on companies spending heavily on political activities. Her plan includes a 75% tax on corporate lobbying expenses for companies spending over $5 million. The proposal faces potential legal challenges due to the Supreme Court's Citizens United ruling. Warren also pledges to restrict corporate lobbyists from government roles and plans to break up major tech firms like Google, Amazon, and Facebook.

What is the proposed tax rate on corporate lobbying expenses by companies spending more than $5 million?

What was the amount spent by Blue Cross Blue Shield on lobbying between 2009 and last year?

What are the potential legal challenges to Warren's proposed lobbying tax?

How does Elizabeth Warren plan to restrict corporate lobbyists from influencing government?

What companies does Warren aim to break up due to their lobbying power?