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Taxpayers Are Subsidizing Corporations That Pay CEOs Hundreds of Times More Than Workers, Study Shows

Taxpayers Are Subsidizing Corporations That Pay CEOs Hundreds of Times More Than Workers, Study Shows

Jessica Corbett, staff writer

A new report from the Institute for Policy Studies analyzing worker and chief executive pay at the top government contractors and subsidy recipients found that the majority of CEOs at these firms rake in more than 100 times the median pay of their full-time employees.

"This new data should boost the already growing movement to use the power of the public purse to crack down on corporations that refuse to share the wealth."
—Sarah Anderson, Institute for Policy Studies

Taxpayers are also subsidize those corporation that do not pay living wages making social benefits necessary to make up the difference.

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Share the wealth!

$22m CEO pay / 100k employees = $220 = 10 cents an hour!

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Yes, and they are itching for the poor to die.

Upper and middle management must make dam good money at Lockheed Martin to average out to $123,231, because I can assure you the people who do the actual physical work there don’t make anywhere near that much.
There is also nothing in this article about how much corp. welfare each of these companies receive.

We have known this for many years. What’s the point of someone doing a study today? Well I guess it doesn’t hurt to keep reminding us. G

Especially children in school buses.