This is great news. If you are a CEO in the United States. Verizon’s CEO was paid $18.1 million in 2010. Verizon got a $709 million tax refund.
“On the other hand, ample evidence suggests that C.E.O.’s and their corporations are expending considerably more energy on avoiding taxes than perhaps ever before — at a time when the federal government desperately needs more revenue to maintain basic services for the American people.”
And the GOP can’t stop yammering about TARP.
via Where Pay for Chief Executives Tops the Company Tax Burden – NYTimes.com.