Scott Klinger has been stimulating conversations on the role of corporations in society for more than three decades. As a former Institute for Policy Studies associate fellow, he worked from the inside as a portfolio manager in the socially responsible investment industry and a consultant to one of the world’s largest corporations and from the outside as co-director of the Responsible Wealth project of United for a Fair Economy, research director for Corporate Accountability International, and tax policy director for the American Sustainable Business Council. Most recently, Scott was the Director of Revenue and Spending Policies at the Center for Effective Government.
Prudential Financial is reaping low-income housing tax refunds by investing in luxury hotels.
International Paper CEO John Faraci received a 75 percent pay hike in 2010. He pocketed $12.3 million.
Since the release of Executive Excess 2011, several of the corporations included in our study have raised questions about our methodology. Here’s our response.
When tax shelters allow CEOs to take home more in pay than their entire company pays in taxes, something is very wrong.
CEOs rake it in while their corporations dodge taxes.
Reversing tax giveaways to the super-rich and the nation’s largest corporations could raise $4 trillion within a decade and avert possible government closures.
In the United States and many countries around the world, there is growing momentum behind proposals to place a very small tax on trades of stock, currency, derivatives, and other financial assets.
Campaign Contributions, Outsourcing,
Unexpensed Stock Options and Rising CEO Pay