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It's not what you know, it's who you know. And how you use those relationships to your benefit. That was the underlying theme in a presentation on tax accounting research by Professor Lillian Mills, titled "The Effect of Political Sensitivity and Political Power on Taxes: Evidence from Federal Contractors." Mills gave the presentation Oct. 19 as part of the Faculty Research Presentation Series. Mills' talk was based on a working paper that examines corporate tax payments by federal contractors. She noted that contractors face substantial scrutiny by the media, Congress and regulators, but they also wield political power.
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