Revealed: The 26 'kingpin' corporations that paid their CEOs more than they paid in taxes...for most the public paid THEM refund

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We've seen this story in previous years, so this is no surprise ... same s___, different year. The fact that some of these corporations actually received a refund makes it worse, though. This is more evidence that the loopholes in the tax code that allow this kind of behavior by corporations must be closed. That includes loopholes and lax regulations that allow multi-national corporations to move income and expenses and assets around the world among different branches and subsidiaries to minimize their net tax liability.

http://www.dailymail.co.uk/news/article-2189264/Institute-Policy-Studies-26-companies-paid-CEO-paid-taxes.html

http://www.latimes.com/business/la-fi-ceo-pay-taxes-20120816,0,7442298.story

http://www.classwarfareexists.com/26-u-s-corporations-last-year-gave-their-ceo-more-than-they-paid-in-taxes-to-uncle-sam/#axzz23oobSBwO

miksilvr
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Jul. 7, 2011 12:13 pm

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More on this topic, including a link for the full CEO Hands in Uncle Sam's Pocket study :

CEOs Earn More Than Their Firms Pay in Taxes

http://www.prwatch.org/news/2012/08/11713/ceos-earn-more-their-firms-pay-taxes

miksilvr
Joined:
Jul. 7, 2011 12:13 pm

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The Real Carbon “Monster” Revealed

Another day, another stupid assault on the truth by the fossil fuel industry and its paid lackeys. In a recent op-ed for the New York Post, Tom Harris, the executive director of the so-called International Climate Science Coalition -- an organization that’s funded, in part, by the fossil fuel industry -- blasted Leonardo DiCaprio for his work on “Carbon,” a new documentary on climate change that I helped write and present.

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