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POST-GAZETTE, pE.C.EMBE R 6, 20!3 Page 3 POST-GAZETTE Pamela Donnaruma, Publisher and Editor 5 Prince Street, P.O. Box 130135, Boston, MA 02113 617-227-8929 617-227-8928 FAX 617-227-5307 e-mail: postgazette@aol.com Website" www.BostonPostGazette.com Subscriptions in the United States $30.00 yearly Published weekly by Post-Gazette, 5 Prince St., P.O. Box 130135, Boston, MA 02113 USPS 1538 - Second-Class Postage paid at Boston, MA POSTMASTER: Send address changes to the POST-GAZETrE - P.O. Box 130135, Boston, MA 02113 James V. Donnantma Caesar L. Donnaruma Phyllis F. Donnaruma 1896 to 1953 1953 to 1971 1971 to 1990 Vol. 117 - No. 49 Friday, December 6, 2013 OUR POLICY: To help preserve the ideals and sacred traditions of this our adopted country the United States of America: To revere its laws and inspire others to respect and obey them: To strive unceasingly to quicken the public's sense of civic duty: In all ways to aid in making this country greater and better than we found it. GUEST EDITORIAL Fast Food Giants Gorge on Subsidies Thanks to a Loophole that Subsidizes CEO Pay, McDonald's, Yum Brands, Wendy's, Burger King, Domino's, and Dunkin' Brands Trimmed $64 Million from their Tax Bills in 2011 and 2012 by Sarah Anderson The fast food industry is notorious for handing out lean paychecks to their burger flippers and fat ones to their CEOs. What's less well-known is that taxpayers are actually subsidizing fast food incomes at both the bottom -- and top -- of the industry. Take, for example, Yum Brands, which operates the Taco Bell, KFC, and Pizza Hut chains. Wages for the corporation's nearly 380,000 U.S. workers are so low that many of them have to turn to taxpayer-funded anti- poverty programs just to get by. The National Employ- ment Law Project estimates that Yum Brands' workers draw nearly $650 million in Medicaid and other public assistance annually. Meanwhile, at the top end of the company's pay ladder, CEO David Novak pocketed $94 million over the years 2011 and 2012 in stock options gains, bonuses and other so-called "performance pay." That was a nice windfall for him, but a big burden for the rest of us taxpayers. Under the current tax code, corporations can deduct unlimited amounts of such "performance pay" from their federal income taxes. In other words, the more corpo- rations pay their CEO, the lower their tax burden. Novak's $94 million payout, for example, lowered Yum's IRS bill by $33 million. Guess who makes up the difference? My new Institute for Policy Studies report calculates the cost to taxpayers of this "performance pay" loophole at all of the top six publicly held fast food chains -- McDonald's, Yum, Wendy's, Burger King, Domino's, and Dunkin' Brands. Combined, these firms' CEOs pocketed more than $183 million in fully deductible "performance pay" in 2011 and 2012, lowering their companies' IRS bills by an estimated $64 million. To put that figure in per- spective, it would be enough to cover the average cost (Continued on Page 15) Benjamin A. "Benny" Fuccillo Benjamin A. "Benny," Fuccillo of the North End of Boston, passed away peacefully on Tuesday, November 26, 2013 surrounded by his loving family. "Benny" was born in the North End and was the son of the late Alfred and Mary (Sarno) Fuccillo. Loving brother of Anna and her husband Anthony Gaeta of the North End. Loving uncle of Joseph A. and his wife Mary Gaeta of Peabody and Maria A. Gaeta also of Peabody. Grand uncle of Alexandra and Anthony. Benny was a Veteran of the U.S. Army, member of the St. Mark's Society of the Sacred Heart Church and retired U.S. Postal worker. Visiting hours were held in the Sacred Heart Church on Sunday, December I st and Funeral Mass was held at the Sacred Heart Church, 12 North Square, Boston (North End), on Monday, December 2, 2013. Interment in Holy Cross Cemetery, Malden, MA Contributions may be made in his memoryto the Bone Marrow and Leukemia Center, 55 Fruit Street, Cox Building 120, Boston, MA 02114. Many will remember Benny, a familiar face on Hanover Street from Martini's Shop. May He Rest in Eternal Peace Christina (Vitale) Nardella MAY SHE REST IN PEACE Christina (Vitale) Nardella, of Cambridge died peacefully after a brief illness on November 23, 2013. Christina, the family matriarch, was born March 16, 1920 in Gaeta, Italy and was married to Pietro NardeUa in 1955, with the blessing of the Pope. In November of 1956 Pietro and Christina came to America and took up residence in Cambridge Massachusetts where they raised their four children .............................. Cosmo, Maria, Salvatore and Joseph, who were taught to honor their deep Italian heritage. In the tradition of honoring their heritage, Pietro and Christina were active in the Saint Cosmas and Damian Society of Cambridge. Christina went on to serve as recording secretary for over 25 years and received multiple awards for her work and dedication including in 1988 the Award of Appreciation and in 1998 she was honored with the Woman of the Year Award. She continued to be an active member and enjoyed coming out to take part in the annual Feast and parade each September. This year the Nardella Family received the Family of the Year Award from the Saint Cosmas and Damian Society at the 87 th Anniversary Gala on Saturday, November 9, 2013. Christina was in attendance. Christina's children also continue the family tradi- tion of dedication and involvement to this day as active participants in the annual Feast celebration. Cosmo, Salvatore and Joseph march in the parade assisting where needed and Maria (Nancy) continues to be active as a ribbon holder. Christina continued to pass on the family's Italian heritage to her two grandson's, Peter and Jonathan more than 40 years after first becoming a part of the Saint Cosmas and Damian Society instilling in them the understanding that the Saints are about healing, as well as, the rich tradition of their family and their community.. Funeral was from the Donovan-Aufiero Funeral Home, followed by her Rite of Christian Burial in the St. Francis of Assisi Church. Interment Cambridge Cemetery. Donations in Christina's memory can be made to Cambridge Recreation Dept./SPECIAL NEEDS, 51 Inman Street, Cambridge MA 02139. LETTERS POLICY The Post-Gazette invites its readers to submit Letters to the Editor. Letters should be typed, double-spaced and must include the writer's name, address and telephone number. Anonymous letters are not accepted for publication. Due to space considerations, we request that letters not exceed two double-spaced, type-written pages. This newspaper reserves the right to edit letters for style, grammar and taste and to limit the number of letters published from any one person or organization. Deadline for submission is 12:00 noon on the Monday prior to the Friday on which the writer wishes to have the material published. Submission by the deadline does not guarantee publication. Send letter to: Pamela Donnaruma, Editor, The Post-Gazette, P.O. Box 130135, Boston, MA 02113 NATIONAL TREASURE Found in Eastie Our very own custodian Paul (Indiana Jones) has found a National Treasure, a long lost piece to our puzzle of where the other Frederick Leonard King paintings have gone. If you remember there were what we thought to be 29 paintings but a long lost piece of paper found also in the move of Meridian Street to Breman Street Library indicates that there were at least 37 images. During the move from Jeffries Point to Meridian Street in the early '60s a good number of paintings went missing. While looking around Meridian Street be- fore it was to be emptied and closed Paul wanted to unlock a door down in the base- ment of the Meridian Street Library. The keys were missing for years. He finally was able to gain entrance, guess what he found? Another Frederick Leonard King painting. A Viking Ship in miserable shape but still a genuine Frederick Leonard King, a miss- ing link to "Ships through the Ages." Can you imagine how excited he knew we would be. Margaret surprised us at the Friends meeting November 25, 2013. We were all delighted to see another FLK painting. More great news: Because of an article about the Frederick Leanord King paintings done by WBUR radio's Andrea Shea, The Friends of the Library has been granted funds to restore one painting and create a restoration workshop working with kids from the high school art, chemistry and history classes with Greg Bishop of Oliver Bros. Restoration Company. Finally one of the WPA Frederick Leonard King paintings "Ships through the Ages" a National Treasure will be restored for the viewing pleasure of patrons of the library for years to come.