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Analysis quantifies huge return for advocacy spending

A recent study provides yet more evidence that effective lobbying pays off—big time. And the results could be instructive for associations trying to demonstrate the value of membership. Bloomberg Government, an analytics service offered by financial data and media company Bloomberg L.P., analyzed seven tax-related items in the omnibus spending and tax-extender bill signed by President Barack Obama in December. Conclusion: Associations and individual companies reaped industry benefits sometimes worth hundreds of millions of dollars more than they spent to obtain them. The biggest payoff for business was when the research and development tax credit was permanently extended… Read More