Lobbying Returns 22,000%

I’ve uploaded a paper—Raquel Alexander, Susan Scholz, and Stephen Mazza,  “Measuring Rates of Return for Lobbying Expenditures”—which was published in 2009 in the Journal of Law and Politics. The key finding:

In this paper we use audited corporate tax disclosures relating to a tax holiday on repatriated earnings created by the American Jobs Creation Act of 2004 to examine the return on lobbying. We find firms lobbying for this provision have a return in excess of $220 for every $1 spent on lobbying, or 22,000%.

No wonder they do it!

About Hamilton Richards

I retired in 2006 as a Senior Lecturer in Computer Sciences at The University of Texas at Austin. These days I volunteer technical support for Citizens' Climate Lobby (Austin chapter), Common Ground for Texans, (CG4Tx.org), Integrity Texas (IntegrityTexas.org), and several friends.
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