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Obama: the man accountants choose to ignore
Fascinating to see Barack Obama claim victory in the first battle for the US presidential race, coming out tops in the Democrat causcases in Iowa.
Of course it has been noted that Obama should be the candidate for those against dodgey tax arrangements having put his name to the Stop Tax Haven Abuse Act in the US because these nefarious practices apparently drain Washington's coffers of $100bn a year (how you estimate that I have no idea).
It's interesting to note then that Obama is no favourite among employees in accountancy firms. We know that because of the way political donations have to be disclosed in US elections. Not a single accountancy firm figures among the top 20 employers for donors to the Obama campaign, according to the Washignton-based Centre for Responsive Politics.
On the other hand employees of Ernst & Young form the 16th largest contributor to Hilary Clinton's campaign while they form the biggest body of donors to the campaign of Republican candidate Rudolph Giuliani.
Wonder what we make of that?
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