Question: Assume Congress is considering reinstating a 10% investment tax credit in order to stimulate the economy. The bill would apply to purchases of all new capital equipment, so it would increase the budget deficit by $100 billion per year on a static basis (i.e., before considering any feedback attempts). Explain why you would advocate or oppose this bill as a lobbyist for
(a) General Motors,
(b) Disney,
(c) Exxon Mobil,
(d) Georgia Pacific,
(e) Citigroup,
(f) Toyota,
(g) Merck,
(h) Capital One (subprime consumer loans),
(i) Toll Brothers Builders.