• Apple Cut Spending for Federal Lobbying Last Year

    While many of today's top tech companies are dramatically escalating the amount of cash they are spending on federal lobbying efforts, Apple - the mot profitable of the lot - is going in the opposite direction.

    Apple reduced its federal lobbying dollars by 13% in 2012 to just under $2 million. Other names in the game, like Facebook, for example, increased its spending for lobbying purposes by nearly 200% ($1.35 million to $4 million) in 2012.

    Apple's LD-2 disclosure form, which was obtained by Fortune, shows Apple's $2 million investment spread out over the following efforts:

    • Taxation (including the repatriation of profits earned overseas)
    • Education (including the use of digital textbooks in schools)
    • Telecommunications (including open Internet and children protection issues)
    • Environment (including electronic waste, Energy Star and EPEAT standards)
    • Trade (including free trade and border issues)
    • Consumer Issues (including privacy protection and the Do Not Track Me Online Act)
    • Investments and the SEC (including implementation of the Dodd-Frank Act)
    • Transportation (including the use of technology in cars and airplanes)
    • Computer Industry (including cybercrime)
    • Appropriations (including government precurement rules)
    • Media (including electronic publishing)
    • Medical (including the regulation of mobile medical devices)

    Source: CNNMoney
    This article was originally published in forum thread: Apple Cut Spending for Federal Lobbying Last Year started by Michael Essany View original post
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