Companies paid top executives more than they paid in US taxes – report
Companies paid top executives more than they paid in US taxes – report
Compensation for senior bosses at firms from Tesla to T-Mobile US worth more than those companies’ net tax payments, study finds
Compensation for senior bosses at firms from Tesla to T-Mobile US worth more than those companies’ net tax payments, study finds
Archived version: https://archive.ph/DYWEI
Super depressing fact:
CEO wages are tax deductible.
It shouldn't be, but good luck convincing republicans and neoliberals that.
In fairness, all wages are a business expense, and in theory, personal income taxes should catch this.
The problem is that we don't tax the rich enough, and as a result our tax code encourages cash hoarding.
Many large corps paid $0 in taxes, so by default they'd be paying pretty much anyone more than they paid in taxes
Good article. Apparently many CEOs were paid millions of dollars, which is much more than the zero taxes many American companies pay.