John,
Tax dodging and blatantly unfair CEO-to-worker pay ratios are no laughing matter. But sometimes we need to have a little fun at the expense of some of the greediest corporations in the world.
Our allies at Corporate Accountability are hosting their annual “Corporate Hall of Shame,” where we have the chance to vote for the MOST shameful corporation of 2022. Check out the greedy corporations that are avoiding paying their fair share in taxes below, then click here to select your winner in the Corporate Hall of Shame!
Is it Chevron, which made $9.7 billion in U.S. profits last year but paid only a 1.8% federal income tax rate?[1] And its CEO’s pay was 164 times more generous than the corporation’s typical worker.[2]
What about Amazon? It paid only a 6.1% federal income tax rate on $35 billion in profits last year.[1] Its new CEO, Andy Jassy, was paid $213 million―6,474 times the $32,855 take-home of Amazon’s typical worker.[3]
Or is it Coca-Cola, which paid just a 7.4% federal income tax rate last year on $3.4 billion in profits?[1] Its CEO, James Quincey, made $24.9 million, 1,791 times more than their average employee![2]
Or maybe it’s giant military contractor Lockheed Martin that paid just a 16.4% federal income tax rate last year and whose CEO made 164 times the wages of their typical worker.[3][4]
Let’s hold them accountable, because when they pay the taxes they owe, we’ll be able to lower costs for working families on everything from healthcare to childcare to housing and more! Vote in the Corporate Hall of Shame today.
Thanks for holding greedy, tax dodging corporations accountable.
Andrea Haverdink
Digital Director
Americans for Tax Fairness Action Fund
[1] “These 19 Fortune 100 Companies Paid Next to Nothing—or Nothing at All—in Taxes in 2021,” Center for American Progress, April 26, 2022
[2] “The Highest Paid CEOs in the S&P 500: Top Pay Packages of 2021,” Wall Street Journal, May 15, 2022
[3] “Lockheed Martin Corp. Annual Income Statement,” Wall Street Journal
[4] “Executive Excess 2022,” Institute for Policy Studies, June 2022
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