+- +-

+-User

Welcome, Guest.
Please login or register.
 
 
 
Forgot your password?

+-Stats ezBlock

Members
Total Members: 51
Latest: JUST4TheFACTS
New This Month: 0
New This Week: 0
New Today: 0
Stats
Total Posts: 14379
Total Topics: 264
Most Online Today: 2
Most Online Ever: 137
(April 21, 2019, 04:54:01 am)
Users Online
Members: 0
Guests: 0
Total: 0

Author Topic: Corruption in Government  (Read 15066 times)

0 Members and 0 Guests are viewing this topic.

AGelbert

  • Administrator
  • Hero Member
  • *****
  • Posts: 31334
  • Location: Colchester, Vermont
    • Renwable Revolution
Re: Corruption in Government
« Reply #690 on: August 05, 2018, 05:55:16 pm »
Do Major Corporations Pay a Lot in Income Tax?


The nation's top CEOs get richer, while the U.S. government loses out, at least according to the Institute for Policy Studies. The think tank reviewed tax and personal financial information from 2010 and found that at least 25 U.S. companies paid their CEOs more in total compensation than the firms themselves paid in corporate income taxes.  >:(

In fact, while the CEOs earned an average of $16.7 million USD each, their businesses received an average of $304 million in tax refunds from the federal government.

Among the widest discrepancies:

John Lundgren got paid more than $32.5 million from Stanley Black & Decker, while the firm saw a tax refund of $183 million.

Ford CEO Alan Mulally earned more than $26.5 million and Ford received a $69 million refund. 🤬

The report follows up on recent controversies about sky-high CEO pay, as some estimates show that top executives earn about 325 times more than the average American worker.

It's good to be the boss: 

On average, CEOs in the United States earn the equivalent of $6,000 per hour.

Average CEO pay has jumped 930 percent since 1978, compared with an 11 percent hike for all other employees.

Amazon CEO Jeff Bezos is the world's wealthiest man, with a net worth of about $150 billion USD.

https://www.wisegeek.com/do-major-corporations-pay-a-lot-in-income-tax.htm



Hope deferred maketh the heart sick: but when the desire cometh, it is a tree of life. Pr. 13:12

 

+-Recent Topics

Doomstead Diner Daily by Surly1
December 08, 2019, 07:12:10 am

🚩 Global Climate Chaos ☠️ by AGelbert
December 07, 2019, 11:02:48 pm

🦕🦖 Hydrocarbon 🐍 Hellspawn Mens Rea Actus Reus modus operandi by AGelbert
December 07, 2019, 10:02:35 pm

2020 Presidential Election by AGelbert
December 07, 2019, 09:46:13 pm

🌟 IMPEACHMENT SCORE 🌠 by AGelbert
December 07, 2019, 09:27:57 pm

Comic Relief by AGelbert
December 07, 2019, 06:44:45 pm

BREXIT by AGelbert
December 07, 2019, 02:25:56 pm

Money by AGelbert
December 07, 2019, 12:39:48 am

Corruption in Government by AGelbert
December 06, 2019, 10:39:41 pm

Homebody Handy Hints by AGelbert
December 06, 2019, 03:24:18 pm