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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.
From Hanlon's report on how Romney's tax plan could benefit Adelson:
Sheldon Adelson Stands To Get $2 Billion Tax Cut If Mitt Romney Is Elected: Report
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.
From Hanlon's report on how Romney's tax plan could benefit Adelson:
Sheldon Adelson Stands To Get $2 Billion Tax Cut If Mitt Romney Is Elected: Report
