CEOs Rake in More Than Their Corporations Pay in Taxes
Of last year’s 100 highest-paid U.S. corporate chief executives, 25 took home more in CEO pay than their company paid in 2010 federal corporate income taxes, according to a new report from the Institute for Policy Studies (IPS).
As IPS puts it:
Corporations don’t dodge taxes, the people who run corporations do. And these CEOs are reaping awesomely lavish rewards for the tax dodging they have their corporations do.