Study: Highest Paid CEO's Often Earn More Than Their Companies Pay in Federal Income Taxes
The Young Turks' Cenk Uygur weighs in on a recent article at the Huffington Post via Reuters, which at a time when we've got record income disparity in the United States is yet another example of why we need to get the money out of politics, do something to fix these corporate tax loopholes and offshore tax havens and last but not least, address the issue of CEO pay being completely out of whack with what the average employee out there is making.
Highest-Paid CEOs Often Earn More Than Company Pays In Income Taxes, Study Finds:
Twenty-five of the 100 highest paid U.S. CEOs earned more last year than their companies paid in federal income tax, a pay study said on Wednesday.
It also found many of the companies spent more on lobbying than they did on taxes.
At a time when lawmakers are facing tough choices in a quest to slash the national debt, the report from the Institute for Policy Studies (IPS), a left-leaning Washington think tank, quickly hit a nerve.



