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A Small Loophole Inserted 20 Years Ago Helps Companies Avoid Paying the U.S. Treasury Big Money (PDF)
Public Citizen
[Opinion] Nov. 12, 2013 "The top 20 highest-paid CEOs in the most recent version of the AFL-CIO's annual list of highest-paid CEOs were paid base salaries totaling $28 million, but had performance-based, tax-deductible compensation totaling more than $738 million. Assuming that these CEOs' companies paid a corporate tax rate of 35 percent, tax-deductible performance-based compensation for these CEOs cost American taxpayers as much as $235 million in lost tax revenue." MORE >> |
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