According to a recent report by the Institute for Policy Studies, American taxpayers are subsidizing CEO compensation to the tune of $14 billion dollars a year through tax deductions, accounting schemes, and tax deferrments. One of the authors of the study notes that this comes to $46 for every man, woman, and child in America, and that it is comparable to all of us buying a CEO lunch.
I'd love to know where they're eating lunch, because in the emaycee household $138 would buy us lunch pretty close to ten times at the local Taco Bell, and maybe even more if we ate the $5 pizza at Little Caesar's a couple of times.
That being said, just who the fuck decided that allowing loopholes for uber millionaires and uber profitable corporations to write off even more of their riches was a good idea? And can we make sure that the fucking idiot (s) is never let anywhere near the U.S. tax code again?
I mean, fucking really. "Free" enterprise, indeed.
Peace,
emaycee
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