Companies paid CEOs more than they paid in taxes

In all, 26 companies paid their CEOs more in 2011 than they paid in 2011 federal taxes. A new study says Citigroup, Abbott Labs, and AT&T, among others, paid CEOs more than they gave to Uncle Sam. Full Story »

Posted by Pamela Hogle - via Christian Science Monitor, Google News (Business)

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Jack Powers
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by Jack Powers - Aug. 18, 2012

Compensation for the 26 CEOs whose pay surpassed their companies’ corporate tax bills averaged $20.4 million, according to the study. That average was up 23 percent over last year.

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