4 ms·
I'm not too convinced about the lobbying argument. I know they spend $2-3M per year on lobbying. but 1) our govt doesnt get anything done anyways, regardless of
by spunker540 3y ago
I'm not too convinced about the lobbying argument. I know they spend $2-3M per year on lobbying. but 1) our govt doesnt get anything done anyways, regardless of how much Intuit spends. I believe the null hypothesis is pretty likely here (they could not spend that money and still be the #1 tax company and no real laws get passed to take that away from them). 2) $3M just doesnt sound like a lot to a company as big as Intuit. If that's all it takes to get congress on your side, seems like not that big an obstacle in the first place for any company in any industry.
I am open to more direct evidence to the contrary though.