Study: Campaign Cash Brings Tax Benefits On Capitol Hill
A new analysis takes aim at one of political science's evergreen topics: What do donors get in exchange for their campaign contributions?
The answer, according to three researchers at Arizona State University's W.P. Casey School of Business, is that "investments in on-going access to policymakers are associated with future tax benefits."
In other words, when corporations deployed lobbyists and made contributions from their political action committees to tax-writing committees, they got tangible benefits.
"Overall, we saw that donating companies experienced lower and more consistent effective tax rates in the long...