Investments Can Yield More on K Street, Study Indicates One Tax Break Brought Companies 22,000% Rate of Return on Lobbying Costs By Dan Eggen Washington Post Staff Writer Sunday, April 12, 2009; A08 In a remarkable illustration of the power of lobbying in Washington, a study released last week found that a single tax break in 2004 earned companies $220 for every dollar they spent on the issue -- a 22,000 percent rate of return on their investment.
Share this post
Stuff That Leaks Out on Sundays
Share this post
Investments Can Yield More on K Street, Study Indicates One Tax Break Brought Companies 22,000% Rate of Return on Lobbying Costs By Dan Eggen Washington Post Staff Writer Sunday, April 12, 2009; A08 In a remarkable illustration of the power of lobbying in Washington, a study released last week found that a single tax break in 2004 earned companies $220 for every dollar they spent on the issue -- a 22,000 percent rate of return on their investment.