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.