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As Workers Strike Against Low Wages, Fast-Food CEOs Fatten Pockets with Taxpayer-Subsidized Pay

As fast-food workers stage a one-day strike, a new report exposes how the industry’s CEOs have not just saved money by paying workers low wages, but have used the government to subsidize their own million-dollar salaries with taxpayer dollars. That is because a loophole in the tax code lets companies deduct the costs of performance-based executive pay. We are joined by Sarah Anderson, director of the Global Economy Project at the Institute for Policy Studies and author of the new report, “Fast Food CEOs Rake In Taxpayer-Subsidized Pay.”

© 2013 Democracy Now!

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Avatar of MGx Posted by on December 5, 2013. Filed under Top Stories. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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