Last week’s Montana Economic Development Summit, hosted by Sen. Max Baucus (D-Mont.) in Butte, was billed as a nonpolitical event meant to “boost our state’s economy by finding Montana solutions for Montana jobs,” according to its website.
Nonetheless, it managed to draw some of the country’s most powerful corporate leaders, including Facebook COO Sheryl Sandberg and Google CEO Eric Schmidt, who may have been more interested in discussing the senator’s proposed bipartisan tax reforms.
A closer look at some of those distinguished guests reveals the ties they have to a number of Baucus’s former staffers, as well as the flurry of lobbying they have already done this year on the issue of corporate tax reform — which is also at the top of the agenda for Baucus, chairman of the Senate Finance Committee, before he retires in 2014.
Baucus’ push for lower tax rates on corporations has coincided with a concerted lobbying effort on the issue by many of those companies who attended his summit.