Black People : Fast-food CEOs Fatten Pockets With Tax Loopholes, Social Assistance for Employees

RAPTOR

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Democracy Now - As fast-food workers stage a one-day 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 million-dollar salaries with taxpayer dollars. That is because a loophole in the tax code lets companies deduct the costs of performance-based 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, "Fast Food CEOs Rake In Taxpayer-Subsidized Pay."
 

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