Business

April 21, 2014 11:00 PM

Research group criticizes taxpayer subsidy of restaurant industry

Taxpayers subsidize the pay practices of big restaurant companies, according to a new report by the Institute for Policy Studies. The subsidies take the form of public assistance for low-paid restaurant workers who use Medicaid, food stamps and other taxpayer-funded programs and the form of corporate tax loopholes for chief executive pay granted in stock and options instead of salary.

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