Paid Lobbyist for Apple Economics Research Assignment - 550 Words

Paid Lobbyist for Apple Economics Research Assignment (Essay Sample) Content: Paid Lobbyist for AppleName:Name of InstitutePaid Lobbyist for AppleThe Apple Company is a technological company that designs, manufactures and markets media devices, personal computers, mobile communication and mobile digital music players. The company sells its products globally through its retail stores, online stores, value added resellers, wholesalers, retailers and third party cellular network carriers (O'Grady 2009). Apple`s products can be grouped under different product lines such as Mac hardware products, iTunes, iPad, iPod, peripheral products, software products, computer technologies, internet software and services. The company has employed over 72,000 employees worldwide and its ranked as the world`s leading valuable brand according to Forbes magazine (O'Grady 2009). Fiscal policy is defined as the federal government spending and taxing authority which influences the performance of the American economy. I will discuss two fiscal policy initiatives that I would lobby the Congress to amend in favor of the Apple Company.The discretionary policy is defined as the federal government changing its spending in terms of purchases, taxation and transfers in order to establish macroeconomic goals such as price stability, economic growth and full employment (Braun 2003). This policy can either expand or contract the economy because of expansionary and contractionary fiscal policies respectively. As Apple`s lobbyist I would force the US Congress to enforce the expansionary fiscal policy because it would decrease the amount of tax the company would incur and facilitate the growth of the Apple in terms of sales, profits and its profit margins would immensely increase. This policy can make a positive impact in the Company because it would initiate more production units for its computing systems, devices and mobile devices. It would result to growth of the Company in terms of increased profitability, revenue income and man power because of increa sed jobs (Braun 2003). Minimizing tax on corporate organizations such as Apple would highly benefit the Company because all of its profits and revenues would force the company to expand its operational branches in and out of the United States. Increased productivity within the Company and lenient taxation from the US Congress would also influence the growth of Apple`s operational branches in Europe, Asia-Pacific, Japan and in the retail market (Adams 2007).Lobby groups in the United States have literally revolutionized how people communicate their grievances to Congress and the government. In the recent past, lobbyists in the United States have helped in the implementation of some fiscal policies depending on the country`s economic status. Lobbying efforts are useful and should continue being practiced because lobbyists have in several occasions influenced the federal government`s decision and implementation process of appropriate fiscal policies. Apple`s lobbying efforts in the pa st years amount to millions of US dollars because the Company has been faced with legal tussles over tax evasion for more than 6years (Adams 2007). The Company has hired lobbying firms such as Capitol Tax Partners, Franklin Square Group because they have the required experience in taxation issues....