Why should corporations pay taxes and invest in the common good...? Their CEOs are the ones who deserve the money... Right...?

is this a great country or what...?

Twenty-five major US firms paid more to their chief executives than to federal tax collectors in 2010, with most of the companies receiving tax refunds, a liberal-leaning think tank said Wednesday.

The study by the Institute for Policy Studies comes ahead of another expected round of fierce partisan bickering over whether the debt-laden United States should raise taxes on the wealthy and close loopholes to boost revenues.

The 25 CEOs -- many from well-known companies like General Electric, Verizon, Boeing and eBay -- were among the 100 highest paid chief executives in the United States, with 2010 pay averaging $16.7 million, the report said.

And 22 of the 25 had received pay increases that year.

The 25 firms reported average global profits of $1.9 billion, and 18 of them operated subsidiaries in offshore tax havens, the report said.

"Corporations don't dodge taxes. The people who run corporations do. And these people -- America's CEOs -- are reaping awesomely lavish rewards for the tax dodging they have their corporations do," the institute said.

greed... it's what's for breakfast, lunch AND dinner...

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