AP reports that Microsoft is tolling out a hefty sum of money to keep its friendly neighborhood lobbyist working hard. The company reportedly paid firm Bingham McCutchen $160,000 in the first half of 2007 to do whatever it is lobbyist do with federal government, according to a disclosure form.
Issues on the agenda included tax breaks, particularly bills that would give companies a larger tax exemption on research and development spending.
That’s not a bad idea. Encouraging R&D spending through tax breaks can’t hurt the IT sector, which is endlessly looking for the Next Big Thing. Also see: Microsoft licenses traffic technology it developed
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