25 CEO's Paid More Money Than Their Company Paid in Taxes (Corporate Profits, employment)

[odanny]

These guys are who the Tea Party carries water for. Sad.

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”

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

[dv1033]

But but if we privatize everything they can do it more efficiently....

[Kirdik]

Originally Posted by odanny

These guys are who the Tea Party carries water for. Sad.

Yeah, one of those corporate tax dodgers Tea Party carries is Obama's job czar Jeff Immelt CEO of General Electric.

[SoCalbound12]

Well honestly isn't CEO pay determined by the company? If the company doesn't like it they can pay them less, I'm not sure how it's our business.

[dreamofmonterey]

Originally Posted by odanny

These guys are who the Tea Party carries water for. Sad.





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

Yep. Destruction of middle america well underway...beyond sickening.

[Rggr]

There are millions of corporations in the US (Statistics of U.S. Businesses- Tabulations by Geography, Industry, and Enterprise Employment Size). I can't get too upset about a number as small as 25 doing anything.

[TylerJAX]

I'd say their CFOs are due for a raise!

Lower rates and close loopholes. I think Obama dangled this out in front the GOP during deficit ceiling talks, but they didn't bite.

[texdav]

Which taxes is the real key. I would think mnay who paid nothig in income tax by april 15 return would have a hardtime griping really.49% paying no income tax at all say it all.Can you say tax reform where its based on total icome including benefits as compensation.Call your congressman and senate and say your for the reform.

[Frank DeForrest]

I'd rather individuals keep their money rather than let the government squander it.

[RCCCB]

This is a load of crap.
Add up all the taxes paid in paychecks to workers, license fees, operational permits, reinvestment back into inventory or equipment. Then add paying off stock holders and the taxes they pay on their payments and it adds up to those companies paying a LOT more than the CEO's salary.