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One would think Congress or The White House would be able to put a bill in place that would tax companies and their leaders for behaving in a way that deadens the economy for profit. But, no not here in the US where lawmakers get big payouts from such companies and corporations.
A new report by the Institute of Policy Studies concludes that CEOs of 50 firms that have laid off the most workers since the economic crisis began in 2008 took home 42 percent more pay last year than other CEOs at large U.S. companies. The report found that these 50 company heads received $12 million on average in 2009, and laid off at least 3,000 workers between November 2008 and April 2010.