Thursday, September 1, 2011

CEOs making more than companies paying in taxes?

A new report from the Institute for Policy Studies finds that the 25 of the top firms in the U.S. paid their CEOs more, and spent more in lobbying, than they paid in taxes to the federal government. At a time when tax revenue is very low and we face massive deficits that are being used to erode protections for the poor and middle class, we've got cash flush corporations dodging taxes, lobbying for new tax loopholes, and paying their CEOs a king's ransom for their tax evasion. The plutonomy continues unabated and much of our country blames poor people for the state of affairs. 

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