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.

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