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how taxpayers subsidise CEOs' multimillion salaries


By tovarichpeter   Follow   Sun, 19 Aug 2012, 3:47pm   230 views   1 comment
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http://www.guardian.co.uk/commentisfree/2012/aug/19/new-robber-barons-how-taxpayers-subsidise-ceos

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  1. jhall


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    1   7:22am Tue 21 Aug 2012   Share   Quote   Permalink   Like   Dislike  

    "In 1980, the average US CEO was paid 42 times as much as the average worker when tax rates for the richest stood at 70%. Today, that ratio has widened to 380 times – exacerbated in part, no doubt, by the fact that CEOs are able to dramatically reduce their tax burdens by a reduction in top tax rates, as well as several new loopholes introduced in recent years."

    Well I'm glad to see the UK publications are talking about it. And I don't get how people can get so worked up about gay people getting married when this stuff is going on. CEOs making 380 times what workers make! Paying "no less than 13 percent" in taxes (thanks, Mitt for doing your fair share.) And the Republicans want to cut taxes?

    Unbelievable.

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