Wednesday, June 22, 2011

Thirty-Two Corporations Spent More on Compensation for Top Executives in 2010 Than They Paid in Income Taxes

This From Truth-Out. Excerpt:

Over the last few decades, executive pay at large corporations has skyrocketed. Today, American CEOs make 263 times the average compensation for American workers, up from the 30 to 1 ratio in the 1970s. In 2010 alone, CEO pay went up 27 percent while average worker pay went up just 2 percent.

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