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Author
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Topic: Hi-Paid CEOs Often Earn More Than Company Pays In Income Taxes
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Node
Knowflake Posts: 1556
From: 1,981 mi East of Truth or Consequences NM
Registered: Apr 2009
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posted August 31, 2011 03:47 PM
  
Surprise!It's the resident Taurus talkin the same ol same ol---  Honey  Scratch, Benjamin's, moolah, bankroll whatever, fact is... quote:
WASHINGTON - Twenty-five of the 100 highest paid U.S. CEOs earned more last year than their companies paid in federal income tax, a pay study said on Wednesday.It also found many of the companies spent more on lobbying than they did on taxes.
I am Shocked!
link related-Despite Paying No Income Taxes, GE CEO Lauded His Company’s Patriotism In 2009 West Point Speech anything to keep the 'talent'  aye. IP: Logged |
Randall
Webmaster Posts: 11202
From: The Goober Galaxy
Registered: Apr 2009
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posted August 31, 2011 05:00 PM
What's wrong with that? Salaries are a deductible expense. Would you rather pay it to a valuable officer of the corporation (who will spend much of it for living expenses, thereby helping the economy) or burn it in senseless and wasteful taxes? Salaries are taxed also.------------------
"To avoid criticism, say nothing, do nothing, be nothing." Aristotle IP: Logged |
Node
Knowflake Posts: 1556
From: 1,981 mi East of Truth or Consequences NM
Registered: Apr 2009
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posted August 31, 2011 06:08 PM
Obviously you have yet to read this article--or review what this study concluded. not necessarily groundbreaking news, but the current findings and the direction of the trends are. IP: Logged | |
Lindaland
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