Amy Goodman
@DemocracyNow·3.2M subscribers·19.4K videos
Chuck Collins on IPS Report, Executive Excess: Massive CEO Rewards for Tax Dodging. 1 of 2
Posted
September 1, 2011
Views
594
Likes
10
Comments
3
Engagement
September 1, 2011
594
10
3
2.19%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
14:53Now PlayingDemocracyNow.org - A new study reveals that 25 of the nation's largest corporations paid more money to their CEOs last year than they did to the federal government in income taxes. Often using overseas tax havens, many of the corporations managed to make billions in profits but paid little to nothing in federal taxes. In many cases the companies received large tax rebates. The list includes some of the country's best known companies, such as Ford, Coca-Cola, Verizon, General Electric and eBay. The same study found that the ratio of CEO pay to that of the average worker in the United States jumped to 325-to-1 last year. Democracy Now! speaks to the study's co-author, Chuck Collins, a senior scholar at the Institute for Policy Studies and director of its program on Inequality and the Common Good. "What these companies do is they use a variety of tax loopholes, corporate loopholes to gain down their taxes. These are what I would call the champions in the tax gymnastics department," says Collins.
Watch Part 2 of the interview
For the complete transcript, to download the podcast, or for information about Democracy Now!, visit
FOLLOW DEMOCRACY NOW! ONLINE:
Twitter: @democracynow
Subscribe on YouTube
Daily Email News Digest
Please consider supporting independent media by making a donation to Democracy Now!
today, visit
TAGS:
amy goodman, democracy now, dn, news, politics, Guatemala, Anita Allen, Piper Hendricks, Syphilis, Penicillin, Alvaro Colom, Dr. John Cutler, Susan Mokotoff, CDC, STD
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
