It is commonly asserted that such large corporations have used political influence to secure special tax benefits to reduce their respective tax liabilities. The present study investigates whether, in fact, there is a relationship between corporate political influence and corporate tax liabilities. Specifically, this study examines the relationship between corporate political action committee (PAC) contributions made during the 1983-1984 election cycle and the effective corporate tax rates imposed on the related corporations in 1985.
Forman, Jonathan Barry
"PAC Contributions and Effective Corporate Tax Rates: An Empirical Study,"
Akron Tax Journal: Vol. 5
, Article 3.
Available at: https://ideaexchange.uakron.edu/akrontaxjournal/vol5/iss1/3