Monday, January 9, 2012
Lobbying works, just ask corporations
There are a lot of ways to look at money and our political system and see where the two are intertwined and attached at the hip so openly that it no longer becomes a question of where corruption exists, but more like, where doesn't it? A new study from the University of Kansas by Raquel Alexander and Susan Scholz decided to find one bill passed by Congress, where they could track the return on lobbying investment. This was the American Jobs Creation Act, a bill that gave multinational corporations a one time, obscenely large tax break. And it turns out the return on lobbying for those corporations were 22 thousand percent. So for every dollar that they spent on lobbying, the companies got 220 dollars in tax benefits.
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