Spend $100 million to make $2 Billion
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.
