Which Political Party Does Corporate America Love The Most: Here's The Visual Answer

President Trump has already started his reelection campaign for 2020 and he’s well on his way to raising a lot of money for the effort. Fortunately, candidates are required to publicly disclose campaign contributions to the Federal Election Commission, which in turn makes the data available to the public. This disclosure process includes where the donors work, allowing HowMuch.net  to create our new visual.

Source: HowMuch.net

Zippia, a career advice website, gathered the data from the Federal Election Commission (FEC). Zippia analyzed contributions from employees at the 250,000 biggest companies in the country and found well over 30 million donations records from 2007 through 2017. We took the 30 most politically active companies on the Fortune 500 and ranked them in order of their campaign contributions over the last ten years. The bars represent the total contributions ($M) given to candidates in each party. We added the total figures and the percentage breakdown for Democrats and Republicans for easy reference.

Several fascinating trends immediately jump out from our visual.

First off, there’s a lot more blue than red on the graph, indicating that Democrats rake in most of the political cash from corporate America. Keep in mind that these contributions are coming from employees who work at these companies, not the corporations themselves. It’s actually illegal for corporations to make contributions directly to candidates. Republicans received more than 50% of the donations from only nine of the 30 companies, most of which tend to be grouped toward the bottom.

Additionally, almost all of the bars include a tiny sliver of green, representing contributions to independent candidates. These contributions are there but they definitely don’t amount to much overall. Ultimately, it is fair to say that employees of these big companies have spent the bulk of their political cash on Democrats over the last decade.

Let’s take a closer look at the top of the list. Financial institutions dominate the marketplace for political donations, making up six of the top ten companies. Goldman Sachs is in first place by a long shot, shoveling $11.5M to members of both parties. The bank’s money is split almost evenly across the aisle—possibly showing an effort to hedge against whichever party controls the levers of power. Charles Schwab provides an interesting contrast with Goldman in that the discount broker spends almost 70% of its political donations on Democrats. Microsoft and Apple also crack the top ten, but both companies clearly favor Democrats a lot more than Republicans, pumping 80% and 88%, respectively, of their political money into candidates on the left.

Perhaps the most interesting fact about our visual is what it doesn’t show. Where is Walmart, the top ranked company on the Fortune 500? Or Berkshire Hathaway, McKesson, United HealthGroup, or CVS? What about other behemoths like Google or Amazon? Maybe their business models aren’t as reliant on politicians for their business models to work. On the other hand, if so many major companies are missing from the list, why do employees at these particular companies spend so much on political campaigns? A new piece of legislation or a change in the regulatory environment could drastically affect the bottom line for big banks. Utilities like Comcast and AT&T are heavily invested in the ongoing debate around net neutrality. Other companies rely directly on government contracts for business, like Boeing and Lockheed Martin. In short, what’s a couple million dollars spent on a political campaign if it means the government will stay out of your way? Political contributions might be one of the smartest investments some workers can make for their own job security.

Comments

Gead rgraf Sun, 04/08/2018 - 11:09 Permalink

Interesting fact - it is nowhere required for any legislator, judge or other public official to possess any college education, let alone be an attorney. I say we simply hang all who are in possession of such papers/career titles and start over with common citizens. Imagine a government run by construction workers. "Hey Fred, we need to do something about the immigration problem". "Sure Joe, I'll call up Tom and Mark and we'll get a wall up by the end of next week". Got an issue with anything else? No problem. They'd 'git 'er done'. 

In reply to by rgraf

Decoherence Sat, 04/07/2018 - 19:17 Permalink

2 sides of the same coin, complaining about each other’s socialism.  What if everyone just stopped voting and made them all irrelevant by default?  These sociopaths would be left jerking each other off instead of all the chimps out there that still believe they are actually on their side.  

JRobby XBroker1 Sat, 04/07/2018 - 21:19 Permalink

Yup, a generation of imbeciles courtesy of The Trilateral Commission's directives in the early '70's.

If the stuff in the produce aisle wasn't clearly labeled, they wouldn't know what the fuck they are looking at.

When the cities flash across the screen on the Weather Channel (Laugh Track Deafening !!!) showing the day's weather, how many of these idiots can name the state it's in?

In reply to by XBroker1

Decoherence Betrayed Sat, 04/07/2018 - 21:49 Permalink

That's because Russia has by and large a homogeneous society with a higher collective IQ.  The US has too many different tribes that all think they're being cheated by the other, but their favorite sociopathic sycophants and duplicitous politicians surely hold the panacea though.  Throw in gender wars and it's recipe for societal collapse.  

In reply to by Betrayed

rgraf Decoherence Sat, 04/07/2018 - 20:22 Permalink

It's already happening.Mass abandonment of the DNC forced Shillary to pay DNC debt, which went to pay the media, to look like there is still interest. She got such a butt kicking, in their polls, they were forced to have the Republican establishment all back Shillary, like all the major newspapers had to. They not only need the illusion of a majority of the citizens voting, they also have to make it look rather close, because a landslide would discourage the losing party. They had to pump up Shillary's numbers, just to keep the few that didn't abandon the DNC from not voting at all.

And now, the banksters have the added problem that the populace will probably only maintain interest in candidates who rail against the system.

In reply to by Decoherence

DemandSider rgraf Sun, 04/08/2018 - 06:33 Permalink

I voted blue for around 3 decades. The Sanders bait and switch finally woke me up to how rotten the system is, so I will never vote blue, again. Not that I like the reds, as I think they are usually just as bad, if not worse than blues. But, once the country is mostly red, and the putative "labor party", the blues, have been eviscerated, it should become obvious to everyone, even red dead enders, that there really is one, FIRE sector dominated, neoliberal party, and productive people aren't invited. The death of either side would allow all to see the true motivations of the remaining party.

Anyway, that's my voting strategy and hope, because it would be the simplest, and non violent. Populous islands of blue still don't know the blue neoliberals secretly want them dead, since they've found higher profits elsewhere in the world, but at least they seem to realize voting is pointless. Operation Kill Blue.

In reply to by rgraf

11b40 DemandSider Sun, 04/08/2018 - 12:19 Permalink

The Donkeys will be eviscerated this fall, once the Awan family/Debbie Wasserman spy scandal in Congress is revealed to the general public during the election season.

If the Elephants don't use this to pound the Donkeys in the dirt, then we all know for certain that both parties are completely compromised - either bribed or blackmailed.

This is the most important issues of our time, and will determine our future.

In reply to by DemandSider

itstippy Sat, 04/07/2018 - 19:19 Permalink

I donated my life's savings to the Clinton Foundation in hopes of becomming U.S. Ambassador To Bimini.  Now I'm broke, and all I got was a bumper sticker that says "I'm With Her".  

kudocast Sat, 04/07/2018 - 19:25 Permalink

It's a definitive list of why America is going downhill, and the corporations and their bought off politicians responsible for it.

Wall Street (looks like Goldman Sachs Vampire Squid leans Republican)

Banksters

Military Contractors

Oil

Pharmaceutical

Silicon Valley

Telecom (mobile and Internet)

11b40 Betrayed Sun, 04/08/2018 - 12:27 Permalink

Nope, not funny at all, and there is no denying the fact that we are here today talking about the Deep State, and that not long ago the Deep State was hardly mentioned in conversation.  Now, it is and most Americans are waking up to the fact that the  strings are being pulled by unelected forces, and often not for the benefit of America.  Things are evolving.

In reply to by Betrayed

passerby Sat, 04/07/2018 - 20:54 Permalink

American in name only yet international in function, these corporations function all over the world.They will donate to any official in any country that will weaken their national laws and borders enough to let them do as they please. Any program of an international nature regardless how well intentioned will be used as cover and perverted by the corporation to achieve its ends.

Brazen Heist Sun, 04/08/2018 - 06:02 Permalink

Conclusion: people are too easily corrupted by money. 

The vermin in charge tempt people to the dark side with their filthy money, and most people are easily corrupted.

Democracy sounds good on paper, just like Socialism. In reality, it always was a Plutocratic Oligarchy.

They need the consent of dumb people, and they happen to be the majority.

That's why I've opted out of this society, live by my own rules and am waiting for my fellow aliens to come and take me back home. My bullshit detector has registered toxic levels on Earth.

Milton Keynes Sun, 04/08/2018 - 13:06 Permalink

This chart tallies up to $100 Million, given the Hillary Clinton Campaign raised over $3 Billion on just her race,

this is barely even 1% of what was raised overall.

 

It's not really worthwhile data, unless it sorts out PAC, Super-PAC and independent expenditures.