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More evidence of how much Bush tax cuts saved wealthy CEO’s

Post on August 16, 2012 by 2 Comments »

According to this post, 57 fat cat CEO’s saved more than $1 million each last year thanks to the Bush tax cuts. Sounds like a tax break that can’t expire soon enough.

Chart courtesy of the folks at Think Progress.

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Comments (Closed):2

  1. david esmay
    August 17, 2012 at 10:41 am

    CEO pay compared to average workers:
    Japan 11:1
    Germany 12:1
    France 15:1
    Italy 20:1
    Great Britain 22:1
    U.S. 325:1
    Coincidently, in 1950 corporations paid $3 in taxes for every $1 paid by workers in taxes. Today, for every $1 in taxes paid by workers, corporations pay 22 cents.

  2. Tim Peck
    August 17, 2012 at 10:51 am

    No Criminal Case Is Likely in Loss at MF Global

    “A criminal investigation into the collapse of the brokerage firm MF Global and the disappearance of about $1 billion in customer money is now heading into its final stage without charges expected against any top executives.”
    http://dealbook.nytimes.com/2012/08/15/no-criminal-case-is-likely-in-loss-at-mf-global/?hp