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Old 05-17-2016, 03:46 PM
MrPots MrPots is offline
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Join Date: Oct 2013
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Underscoring who the real enemies of the USA are.

They want to do business here in the USA, they want the american consumers money, they want the perks of being in the USA,

but they do not want to support the infrastructure, they do not want to pay american workers they don't want to pay their share of taxes. The want all the benefits but none of the cost. The rich...the 1%, corporate CEO's, and wall street...the real enemies of America. They may not fly planes into the WTC...but the damage they do is just as devastating.


Here's how much more CEOs earn than average workers:

It's no surprise that the people running the nation's largest corporations take home hefty paychecks. Possibly more eye-opening is the ever-widening gap between what CEOs earn and what their workers are paid.

Last year, the average chief executive of a company listed on the S&P 500 made $12.4 million, or 335 times the $36,875 paid to average workers. That ratio stood at 107-to-1 in 1990 and 42-to-1 a decade earlier. (meanwhile average worker pay is stagnant and has been for 30 years)

"Corporate CEOs have rewritten the rules of our economy," Heather Slavkin Corzo, director of the office of investment at the AFL-CIO, which used regulatory filings and Department of Labor statistics to compile its findings, said in a news conference to discuss the union's compensation findings. "They are also looting their companies and the public purse so they can keep getting richer. And they are squeezing workers and outsourcing jobs."

In addition to offering an accounting of what Corporate America's head honchos make, the AFL-CIO's annual PayWatch analysis looks at how CEO pay may relate to corporate income tax avoidance. Chief executives overseeing companies with the most cash held overseas to defer paying taxes are paid 79 percent more than other CEOs, it concludes.

U.S. companies hold a total of $2.4 trillion offshore, with the U.S. losing as much as $695 billion in tax revenues that could be used to "finance schools, bridges, hospitals, fire stations and other infrastructure projects around the country," Corzo said. "By failing to invest in infrastructure, education and our workforce, we are allowing the critical components of future U.S. economic success to atrophy."

Mondelez (MDLZ) chairman and CEO Irene Rosenfeld made $19.7 million in 2015, 534 times the average worker's pay, and her company holds $19.2 billion in unrepatriated profits, according to the AFL-CIO. Of late, critics have attacked the food conglomerate for trying to send 600 jobs from its Nabisco bakery in Chicago to a plant Mexico.

Among those already laid off from the Nabisco plant is Michael Smith, a 59-year-old father of four with prostate cancer, whose health insurance is scheduled to lapse three months after his March separation from the company.

"It's been a difficult year for me," Smith said during the press briefing, describing daily bouts of depression and worry about "whether, at my age, I could reinvent myself in today's job market."

Mondelez did not immediately return an emailed request for comment, and a call to its media line was not answered.

United Technologies (UTX), which plans to move two of its Carrier heating and ventilating parts plants from Indiana to Mexico and to eliminate more than 2,000 jobs in the U.S., also made the AFL-CIO's list of top tax dodgers. Its CEO, Gregory Hayes, made $10.7 million in 2015, while the company holds $29 billion overseas.

Verizon Communications (VZ) CEO Lowell McAdam earned $18.3 million in 2015, while the telecommunications company holds $1.8 billion outside the U.S. The company is engaged in a labor dispute with 39,000 striking workers as it looks to, as Corzo put it, "outsource work to low-paid contractors."

Neither United Technologies nor Verizon immediately returned requests for comment. (of course not...traitors and cowards always run)

http://www.cbsnews.com/news/heres-ho...erage-workers/
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It occurs to me that republicans seem to view black, Mexican, LGBT, Muslims and poor people in the same light as Nazi Germans once viewed Jewish people. We must be vigilant that it goes no further.
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