Taxpayers Give Fat Cats $20 Billion

August 27, 2008

Original publication: MSN Money

Date of publication: August 27, 2008

At the expense of you and me, tax breaks help companies hand ever-bigger paychecks to CEOs. What are the presidential candidates doing about it? Almost nothing.

As our national debt reaches new heights, some elite wealthy taxpayers get a pass when it comes to footing their share of the bill:

Those lavishly paid CEOs in their corner offices.

Thanks to five tax breaks cooked up by their friends in Washington, D.C., top executives and their companies enjoy at least $20 billion a year in income-tax breaks that are unavailable to the rank and file, according to a new study from the Institute for Policy Studies and United for a Fair Economy.

Read full article on MSN Money.

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