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
Joined:
Jul. 7, 2011 12:13 pm

Comments

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

We Are All Pharma-Bro Suckers

"Pharma Bro" Martin Shkreli became one of the most notorious people in America for hiking the price of a rarely used life-saving drug by 4,000 percent in September of 2015.

And nearly a year later, dozens of reports are now coming out about how Mylan Pharmaceuticals hiked the price of the very common life-saving EpiPen by over 450% since Mylan bought EpiPen in 2007.

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