Thursday, September 1, 2011

Some Companies Paid More to CEOs than to Taxes

From ThinkProgress
Hey, don't pick on those poor CEOs. They're "job creators" don'tcha know?  Thanks to Stupid Monkey Planet for the link.

[Excerpt]


REPORT: 25 Corporations Paid More To Their CEO Last Year Than They Paid In Taxes

Last year, as Americans across the country grappled with the widespread effects of the Great Recession, tax dodging by corporations and the wealthy cost the average U.S. taxpayer $434, even as corporate profits soared 81 percent. In fact, according to a new report from the Institute for Policy Studies, “corporate tax dodging has gone so out of control that 25 major U.S. corporations last year paid their chief executives more than they paid Uncle Sam in federal income taxes”. . .

Read more at: ThinkProgress

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