FreedomFace67

FreedomFace67 t1_j13whgg wrote on December 21, 2022 at 2:14 PM

Reply to comment by cubbiesnextyr in New Study Reveals Billions of Dollars in Political Spending by US Trade Associations, Most of It on PR - Out of $3.4 billion spent by trade associations over 10 years, nearly $2.2 billion went towards advertising and promotion, with the oil and gas industry the biggest spender. by avogadros_number

Correct, I misunderstood the nature of tax deduction

FreedomFace67 t1_j0bhs15 wrote on December 15, 2022 at 1:15 PM

Reply to comment by ViennaLager in New Study Reveals Billions of Dollars in Political Spending by US Trade Associations, Most of It on PR - Out of $3.4 billion spent by trade associations over 10 years, nearly $2.2 billion went towards advertising and promotion, with the oil and gas industry the biggest spender. by avogadros_number

Its because marketing and advertising are 100% tax deductible.

Thats right.

The 350 billion spent on advertising in the US this year is actually 350 billion in uncollected taxes.

Edit: I be dumb this isn't correct