1.0Committee on Homeland Security & Governmental Affairshttps://www.hsgac.senate.govTim O'Connor Fraserhttps://www.hsgac.senate.gov/author/tofraser/rich600338<blockquote class="wp-embedded-content" data-secret="MCD7xoornD"><a href="https://www.hsgac.senate.gov/subcommittees/investigations/rep/senate-investigations-subcommittee-releases-new-data-on-excessive-corporate-stock-option-deductions-totaling-52-billion/">Senate Investigations Subcommittee Releases New Data on Excessive Corporate Stock Option Deductions Totaling $52 Billion</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.hsgac.senate.gov/subcommittees/investigations/rep/senate-investigations-subcommittee-releases-new-data-on-excessive-corporate-stock-option-deductions-totaling-52-billion/embed/#?secret=MCD7xoornD" width="600" height="338" title="“Senate Investigations Subcommittee Releases New Data on Excessive Corporate Stock Option Deductions Totaling $52 Billion” — Committee on Homeland Security & Governmental Affairs" data-secret="MCD7xoornD" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script> /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); </script> WASHINGTON – Today, Sen. Carl Levin, D-Mich., chairman of the Senate’s Permanent Subcommittee on Investigations, released new data compiled by the Internal Revenue Service (IRS) showing that corporations who issued stock options to their executives claimed 2008 stock option tax deductions that were collectively $52 billion larger than the expenses shown on the company books […]https://www.hsgac.senate.gov/wp-content/uploads/HSGAC_Logo_Social.jpg1200630