Seven of the 30 largest corporations in US paid more to their CEOs than they did in taxes, study fin

[grahamhgreen]

http://www.theguardian.com/money/2014/nov/19/us-companies-pay-bigger-executive-salaries-than-taxes

Which would you think would be larger for Ford Motor, a company that last year reported revenues of $139.4b: the taxes it pays the US federal government or the compensation it pays its CEO?

If you picked option B, congratulations – you may be cynical, but you’re right. Alan Mulally, Ford’s CEO, pocketed a compensation package that totaled $23.2m while Ford itself got a US federal tax refund of $19m.

And Ford isn’t the only company to pay its CEO more than it forked over to Uncle Sam.

Seven of the country’s 30 largest corporations paid more to their CEOs than they did in taxes last year, according to a just-released study by the Center for Effective Government and the Institute for Policy Studies.

[Enthusiast]

1. Real nice. Trickle down, you know it works!

[grahamhgreen]

2. And we can't win midterms??? WTF

[Enthusiast]

6. We have a hollowed out, fake assed media that is destroying the democracy,

But at least we have war! And pollution! And injustice!

[lpbk2713]

3. Frequent golfing vacations in the tropic isles can be tough.

But somebody's got to do it. That's why they get the big bucks.

[grahamhgreen]

5. That's how they "get their life back"

http://www.huffingtonpost.com/2010/06/01/bp-ceo-tony-hayward-video_n_595906.html

[Initech]

4. This is criminal!!!! How do they keep getting away with this?

No CEO in the world is worth 475:1 what the average employee makes

[Buns_of_Fire]

7. Google "interlocking directorate" for a quick explanation.

Here, I'll get you started: http://en.wikipedia.org/wiki/Interlocking_directorate

One hand washes the other, it's a big ol' circle-jerk club amongst the "elites," and I imagine it's not easy kissing that much ass every day of your "working" life.

I've always been rather unimpressed by the caliber of these "elites." But they DO have nice haircuts.