The Massive CEO Rewards for Tax Dodging

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By Sarah Anderson, Chuck Collins, Scott Klinger, Sam Pizzigati
ips-dc.org

Guns don’t kill people, the old saw goes. People do.

By the same token, corporations don’t dodge taxes. People do. The people who run corporations. And these people — America’s CEOs — are reaping awesomely lavish rewards for the tax dodging they have their corporations do.

In fact, corporate tax dodging has gone so out of control that 25 major U.S. corporations last year paid their chief executives more than they paid Uncle Sam in federal income taxes.

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Posted on September 1st 2011 in Government, Taxes