Shareholders should reward CEOs for building better products or delivering better services, not for accounting gymnastics that game their tax bills down.
On a press conference call on Wednesday, August 31, report co-authors Chuck Collins and Scott Klinger discuss the 25 CEOs who were paid more in compensation last year than their corporations paid in taxes, as well as other report findings, and answer reporters' questions about the report.
A new study looks at the worst executive excesses - while Congress continues to help CEOs hide their outrageous pay rates from the public.
Corporate tax dodging has gone so out of control that 25 major U.S. corporations paid their CEOs more than they paid the U.S. government in federal income taxes.
CEOs rake it in while their corporations dodge taxes.
Forty years ago, U.S. corporate honchos saw their power ebbing away - to a ragtag mob of long-hairs and loony social reformers. So they did what corporate honchos always do. They asked for a memo.
Dubious, albeit positive-sounding, promises from the corporate world can't substitute for more meaningful safeguards against corporate abuse.
The Walmart case is only one example of the Supreme Court's growing tendency to side with the interests of big corporations over the rights of ordinary citizens.
See no corporate malfeasance, hear no corporate malfeasance, speak no corporate malfeasance.
You were right, Dad; they're all in it together.