Monday, August 25, 2008

it's not a loophole, it's a stimulus

WASHINGTON (Reuters) - Tax and accounting loopholes that largely benefit rich taxpayers and companies cost the government $20 beelllion a year (holy phokking s#i+, 20 beeelllion, that's like, several weeks in Iraq - Ed.) even as the pay gap between chief executives and employees has widened, two groups said on Monday...

The report said large U.S. companies paid CEOs an average $10.5 meelllion in compensation last year, 344 times what the average worker earned.

That gap is expected to grow as the industries adding workers are those with the biggest pay gaps, the groups said. (Yay! Ed.)

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