Study: Executives making more than Uncle Sam
According to the Institute for Policy Studies, 25 of last year’s 100 highest-paid chief executives took home more than their companies paid in federal corporate income taxes. Eighteen of the 25 companies operate subsidiaries in countries considered to be offshore tax havens. Here is a look at 10 companies from the institute’s report on 2010 executive compensation:
Source: “Executive Excess: The Massive CEO Rewards for Tax Dodging,” by the Institute for Policy Studies. The Washington Post.