As Workers Strike, Fast-food CEOs Fatten Pockets With Tax Loopholes, Social Assistance for Employees
December 5, 2013
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9:07Now PlayingAs Workers Strike, Fast-food CEOs Fatten Pockets With Tax Loopholes, Social Assistance for Employees
YouTube Description
as posted by the channelAs fastfood workers stage a oneday strike, a new report exposes how the industry's CEOs have not just saved money by paying workers low wages, but have used the government to subsidize their own milliondollar salaries with taxpayer dollars. That is because a loophole in the tax code lets companies deduct the costs of performancebased executive pay. We are joined by Sarah Anderson, director of the Global Economy Project at the Institute for Policy Studies and author of the new report, "Fastfood CEOs Rake in TaxpayerSubsidized Pay."
Another Video to Watch:
See our coverage of the fastfood workers strike in New York City
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