It’s not a campaign contribution, it’s an investment in “job creation” (and “speech” creation)

Casino mogul Sheldon Adelson’s backing of GOP presidential candidate Mitt Romney may not just make political sense for the billionaire — it may also be in his best interest financially.

Adelson has vowed to spend as much as $100 million to help sway the 2012 election. According to a new report by Seth Hanlon, the director of fiscal reform at the Center for American Progress Action Fund, Adelson could turn that investment into a $2 billion tax cut if Romney is elected.

via Sheldon Adelson Stands To Get $2 Billion Tax Cut If Mitt Romney Is Elected: Report.

This is actually worse than the ROI on many forms of lobbying.

One thought on “It’s not a campaign contribution, it’s an investment in “job creation” (and “speech” creation)

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s