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