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.