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August 17, 2012 01:40 pm PDT

Major American firms pay more in CEO compensation than they do in fed tax

26 major American companies paid more to their CEOs than they paid in taxes in 2011, including Citigroup, Abbott Labs, and AT&T. This from a study published by the Institute for Policy Studies entitled Executive Excess 2012: The CEO Hands in Uncle Sam's Pocket. They note that this figure has climbed since last year. Reuters's [...]


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