Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Executive Excess 2011: The Massive CEO Rewards for Tax Dodging

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
 
Donnachaidh Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-11 11:24 AM
Original message
Executive Excess 2011: The Massive CEO Rewards for Tax Dodging
Edited on Wed Aug-31-11 11:25 AM by Donnachaidh
http://www.ips-dc.org/reports/executive_excess_2011_the...

Guns don't kill people, the old saw goes. People do.

By the same token, corporations don't dodge taxes. People do. The people who run corporations. And these people America's CEOs are reaping awesomely lavish rewards for the tax dodging they have their corporations do.



In fact, 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.

:snip:

What are America's CEOs doing to deserve their latest bountiful rewards? We have no evidence that CEOs are fashioning, with their executive leadership, more effective and efficient enterprises. On the other hand, ample evidence suggests that CEOs and their corporations are expending considerably more energy on avoiding taxes than perhaps ever before at a time when the federal government desperately needs more revenue to maintain basic services for the American people. This disinvestment also undermines the infrastructure and services that small and large businesses also depend upon.

More at the link --
Printer Friendly | Permalink |  | Top
 

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC