This isn't going to make any CEOs happy. The Institute for Policy Studies, a left-leaning group in Washington, D.C., released its annual report yesterday. It calls out specific companies like Conoco Phillips and AT&T for paying their CEOs more than they pay the government in taxes. Its conclusion? Taxpayers are padding the pockets of higher-ups at these big corporations.
Sarah Anderson, director of the Global Economy Project at the Institute for Policy Studies, co-authored the report.