Here’s a stock tip:
The more companies spend on influence, the lower their effective tax rates and the higher their stock returns compared with competitors’, according to recent research. A company called Strategas has built an index to track the stock performance of the 50 companies that lobby the most; last year, that index outperformed the rest of the market by 30 percent.
This tip is from a nauseating article in the Washington Post on how to get rich in the District and surrounding metro area.
This is great news for those of us who would like to expose the way companies fund lobbyist to create a corrupt pay-to-play legislative atmosphere. Please proceed, Strategas.
More proof that money doesn’t influence politicians. Yay Citizens United.
Finest Congress that money can buy.