American Electric Power - Criticism

Criticism

In December 2011, the non-partisan organization Public Campaign criticized American Electric Power for spending $28.85 million on lobbying and not paying any taxes during 2008-2010, instead getting $545 million in tax rebates, despite making a profit of $5.9 billion, laying off 2,600 workers since 2008, and increasing executive pay by 30% to $23.7 million in 2010 for its top five executives.

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