Smasharoo wrote:
Absent regulation, how much total donations (to either/both parties) would they give?
Eliminating all regulation would only be likely to reduce donations by virtue of it destroying the overall economy.
Ah. So it's only because of government regulation that any business can thrive? Really? That seems like a pretty hard position to defend Smash. Government funding of things they want would be impacted, but the free market would do just fine with a whole hell of a lot less regulation.
I'm not saying "zero regulation". I'm saying that the more we regulate the more valuable lobbying becomes to those industries which are regulated. It's kinda silly to blame the private industries for this.
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Do you really not understand this, yet? Interest groups don't donate money to political parties in the hopes of throwing off the yoke of government taxation and regulation.
That depends on the interest group. It's interesting that you changed the phrase from "industry" to "interest groups". Interest groups is a larger category which includes those which exist solely because of government funding. Obviously, they don't want to end that gravy train...
Most private industries absolutely would like less taxation and regulation. I think it's silly to even suggest that they don't. But absent being able to do that, they'll settle for minor changes to the regulation and tax rules to include loopholes which will benefit their bottom lines. And if they can do this in a way which helps them while not helping their competitor, that's even better.
But that's just more examples of how government involvement creates opportunities for corruption and ever expanding government involvement. And like most things, a little bit is a good thing, but a lot is usually bad.
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Interest groups give money to further their, hold on here it comes, are you ready? They give money to further their...........INTERESTS!
And if their interest is to make as much money as possible, one could argue that reducing the taxes and regulation on them would be something pretty high on their wish list. Do you think the oil industry wants to spend money to get government to not tax them as much? Or do you think they would prefer to just not get taxed as much in the first place?
The government is the bully. The politician is the bully's friend. And he's willing to take some money on the side to get the bully not to beat you up as often. That's the relationship most private industries have with the government. Getting beat up less is an improvement over getting beat up more, and they're willing to pay a bit to gain that improvement. That does not mean that this is the way things should work. It's just the way they inevitably do. It is the nature of governments to involve themselves in this manner.
So yeah. It's in the nature of government to encourage anything which makes it easier for it to impose yet more taxes and regulations. It's about power.
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Removing all regulation would lead them to lobby for laws that guaranteed their profit margin, or that funneled government dollars to them, whatever.
Lol. That's how Liberal interest groups work Smash. Free market institutions mostly just want to be left alone. They realize that they make more money on their own than they can if government gets involved in their business. It's only interest groups that don't actually produce anything of value on the open market which want and need government. Not surprisingly, those are mostly the organizations on your side of the political fence...