View Mobile Site

Poll:

Do you agree with Midway, Liberty County and the Liberty County Development Authority paying $150K for a turn lane so McDonald’s can open in Midway while the developer pays nothing?


Comments

2 comments
PoliticsNation PoliticsNation: May 13, 2014 11:12 a.m.

You're Secretly Subsidizing A FasFast-food giants save money by paying their typical workers very little, but they also save money by paying their CEOs millions, thanks to a quirk of the tax code. In both cases, American taxpayers cover the cost.

McDonald’s saved $14 million in taxes over the past two years using a loophole that lets companies deduct the costs of performance-based executive pay, according to a report released Monday by the Institute for Policy Studies, a progressive think tank. McDonald’s isn’t alone: Over the past two years, the six largest fast-food companies have used the loophole to save an estimated $64 million in taxes, the report found. http://coastalcourier.com/polls/detail/658/?results=true#post


PoliticsNation PoliticsNation: May 13, 2014 11:14 a.m.

Link to the story above. http://www.huffingtonpost.com/2013/12/03/mcdonalds-ceo-pay_n_4372972.html


Submit a Comment

http://coastalcourier.com/ encourages readers to interact with one another. We will not edit your comments, but we reserve the right to delete any inappropriate responses.

To report offensive or inappropriate comments, contact our editor.

The comments below are from readers of http://coastalcourier.com/ and do not necessarily represent the views of The Newspaper or Morris Multimedia.
You must be logged in to post comments. Login ›

Please wait ...