Executive Excess 2012: The CEO Hands in Uncle Sam's Pocket
Executive Excess 2012 in the news
- CNBC: Co-Author Sarah Anderson discusses the report
- Huffington Post: How Our Tax System Subsidizes Bloated CEO Pay
- Forbes: 26 CEOs Who Made More Than Their Companies Paid In Federal Tax
- The Take Away: Some CEOs Making More Than Their Company Pays in Taxes
- Wall Street Journal: The Morning Ledger: Executive Pay Under Fire
- Washington Post: Study says 26 ‘kingpin’ CEOs made more last year than their companies paid in federal tax
More on Executive Excess
- Inequality.org articles on Executive Pay
- Executive Excess 2011: The Massive CEO Rewards for Tax Dodging
- Executive Excess 2010: CEO Pay and the Great Recession
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About Executive Excess 2012 reportNationwide, budget cuts have axed 627,000 public service jobs just since June 2009. Schools, health clinics, fire stations, parks, and recreation facilities--virtually no public service has gone unsqueezed. Tax dollars haven't seemed this scarce in generations.
Yet tens of billions of these scarce tax dollars are getting diverted. These tax dollars are flowing from average Americans who depend on public services to the kingpins of America's private sector. They're subsidizing, directly and indirectly, the mega-million paychecks that go to the top executives at our nation's biggest banks and corporations.
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