The U.S. Chamber of Commerce, joined by the Business Roundtable, the Texas Association of Business, and the Longview Chamber of Commerce, filed a lawsuit in Tyler, Texas federal court against the FTC and Chair Lina Khan over the commission’s vote to ban noncompete clauses used to block …
U.S. Chamber of CommerceFederal Trade CommissionLina KhanBusiness Roundtableantitrustftcchamber-of-commercecorporate-lobbyinglabor-rights+2 more
On December 22, 2017, President Donald Trump signed the Tax Cuts and Jobs Act (TCJA) into law, enacting the most sweeping tax reform package in 30 years and permanently slashing the corporate tax rate from 35% to a flat 21%—a 40% reduction representing the largest corporate tax cut in American …
Donald TrumpPaul RyanMitch McConnellKevin BradyOrrin Hatch+5 moretax-policytrump-administrationcorporate-corruptionwealth-transferdeficit-spending+5 more
Senator Arlen Specter announces on March 24, 2009, that he will not support the Employee Free Choice Act, effectively killing labor’s top legislative priority despite Democratic control of the presidency and both houses of Congress. EFCA would have allowed workers to form unions through …
Barack ObamaU.S. Chamber of CommerceBusiness RoundtableAFL-CIOU.S. Senate+1 morelaborlabor-law-reformcorporate-lobbyingcard-checkfilibuster+1 more
U.S. businesses and the Mexican government launch a $25 million coordinated lobbying and public relations campaign to secure Congressional approval of NAFTA, overcoming fierce opposition from labor unions and environmental groups. The Business Roundtable, U.S. Chamber of Commerce, and National …
Business RoundtableU.S. Chamber of CommerceNational Association of ManufacturersAmerican ExpressMexican Government+2 morenaftacorporate-lobbyingtrade-policylabor-oppositionbusiness-roundtable+2 more
After three decades of wages rising in tandem with productivity (1948-1979), the fundamental relationship between worker productivity and compensation breaks down completely beginning in 1979, marking the start of 45+ years of wage stagnation despite continued productivity growth. Between 1948-1979, …
American workersCorporate managementFederal ReserveBusiness Roundtablelabor-suppressionwage-stagnationproductivity-gapunion-declineinequality+1 more
The Business Roundtable, representing Fortune 500 CEOs, coordinated the first systematic corporate PAC strategy for the 1978 midterm elections. Corporate PACs contributed $9.8 million to federal candidates, with 75% going to business-friendly Republicans. This marked the beginning of coordinated …
Business RoundtableReginald JonesCorporate PAC CommitteeRepublican Partybusiness-roundtablecorporate-coordinationelectoral-interferencesystematic-corruption
After six cloture attempts fail to break a Senate filibuster, the Labor Law Reform Act of 1978 dies on June 22, marking the most significant corporate lobbying victory since Taft-Hartley and demonstrating that even with Democratic supermajorities and a Democratic president, business interests can …
Business RoundtableU.S. Chamber of CommerceNational Association of ManufacturersAFL-CIOU.S. Senate+1 morelaborlabor-lawfilibustercorporate-lobbyingbusiness-roundtable+1 more
Following the Buckley v. Valeo decision, corporations rapidly established Political Action Committees to influence elections. The number of corporate PACs grew from 89 in 1974 to 1,206 by 1980 - a 1,254% increase. This represented a systematic corporate mobilization to capture political influence, …
Corporate AmericaBusiness RoundtableChamber of CommerceFECcorporate-pacscampaign-financesystematic-corruptioninstitutional-capture