Nearly $2 Trillion Purloined from U.S. Workers in 2009
Cypher, James M.http://www.dollarsandsense.org/archives/2011/0711cypher.html
Publisher: Dollars & Sense, USA
Date Written: 01/07/2011
Year Published: 2011
Resource Type: Article
Cx Number: CX12714
The upward redistribution has remained as hidden as possible. The forms it has takenas bonuses, bloated salaries, elephantine stock options, padded consulting fees, outsized compensation to boards of directors, sumptuous conferences, palatial offices complete with original artwork, retinues of superfluous support staff, hunting lodges, private corporate dining rooms, regal retirement agreements, and so ondefy exact categorization. Some would appear as profit, some as interest, some as dividends, realized capital gains, gigantic pension programs, retained earnings, or owners income, with the remainder deeply buried as costs of doing business.