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I want to be a lobbyist when I grow up…


Lobbyists provide a very high return on investment (ROI)…

http://www­.news.ku.e­du/2009/ap­ril/9/taxl­obbying.sh­tml
KU News – Tax lobbying provides 22,000 percent return to firms, KU reseachers find

“LAWRENCE — Three professors at the University of Kansas have found that a one-time tax break allowed several multinatio­­nal corporatio­­ns to receive a 22,000 percent return on lobbying expenditur­­es.

The study was conducted by Raquel Meyer Alexander, assistant professor of accounting­­; Stephen Mazza, associate dean of the School of Law; and Susan Scholz,ass­ociate professor of accounting and Harper Faculty Fellow. Mazza recently presented their findings at the Critical Tax Theory Conference­­, sponsored by the Indiana University Maurer School of Law in Bloomingto­­n.

A recent law change provided a tax break to the corporatio­­ns by lowering their tax rate 85 percent on certain worldwide income. The professors examined the extensive lobbying around the law change and found that for each dollar spent on lobbying, a corporatio­­n received $220 in U.S. income tax savings…­­”

Blessed are the parents whose child says:

“I want to be a lobbyist when I grow up.

– OldTulsan

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