Tuesday, April 14, 2009

Study shows that every dollar spent on a lobbyist yields a company $220 in tax breaks

"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."

Investments Can Yield More on K Street, Study Indicates - Wall Street Examiner Forums

...and here is the answer to "how do we fix it?" (It's a Washington Post link, but you have to register at that site.)

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