Some U.s. Firms Paid More To Ceos Than Taxes: Study

WASHINGTON (Reuters) - 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.

Sections:  news   business   politics   
Topics:  ceo   chief executive officer   executive pay   income tax   study   taxes   
  • Study Finds Expanded Medicaid Increases Health Care Use
    Come January, millions of low-income adults will gain health insurance coverage through Medicaid in one of the farthest-reaching provisions of the Obama health care law. More
  • Sears Didn't Move Fast Enough, CEO Says
    Sears continues to struggle to get a "decent" return on its assets and the retailer didn't move fast enough to cut expenses after the financial crisis, the CEO said at the annual meeting. More
  • New study: debt limit deadline likely extendedNew study: debt limit deadline likely extended
    The likely deadline for Congress to prevent the government's first default will be later than earlier thought, a Washington think tank has found. The Bipartisan Policy Center said Friday that the government probably won't reach the brink of default until early September or early October. More
  • Study: New bird flu jumped directly from chickensStudy: New bird flu jumped directly from chickens
    Chinese scientists have for the first time found strong evidence of how humans got infected with a new strain of bird flu: from chickens at a live market. In a small study of four patients who caught the new H7N9 virus, Chinese scientists compared swabs from birds at live markets in eastern China to virus samples from patients. More
  • On Marijuana Tax, Colorado Asks: What’s Too High?
    If marijuana is legalized and properly regulated, its proponents have long said, it could generate millions of dollars in state tax revenue. But how the drug should be taxed has proved to be a thorny question. More
  • Honeywell CEO urges sharply lower U.S. corporate tax rate
    Cote said he intends to bring the same attention to the tax debate as he does to the "Fix the Debt" campaign, in which CEOs ... get paid," Cote said. "But don't tax the companies that are in the middle of trying to compete with new and growing firms."
    11/21/2013 - 7:18 am | View Link
  • U.S. Tax Code Encourages Excess CEO Pay
    Its researchers found that the 100 corporations with the highest paid CEOs operated a total of 537 subsidiaries ... limiting total CEO pay that firms can deduct from taxes (now pay over the $1 million limit for tax deductions is called "performance pay ...
    08/20/2012 - 3:52 pm | View Link
  • 26 U.S. CEOs were paid average $20.4M
    NEW YORK -- Twenty-six big U.S. companies paid their ... on its 2011 taxes while paying CEO Randall Stephenson $18.7 million last year. Sarah Lubman, an AT&T spokesman, said the point of accelerated depreciation is to encourage firms to make investments.
    08/16/2012 - 4:59 pm | View Link
  • U.S. firms paid more to CEOs than taxes
    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 by a Washington think tank said Wednesday. At a time when lawmakers are facing tough choices in a quest to slash ...
    08/31/2011 - 5:32 am | View Link
  • Some U.S. firms paid more to CEOs than taxes: study
    At a time when lawmakers are facing tough choices in a quest to slash the national debt, the Institute for Policy Studies, a left-leaning group, said it also found many of the companies spent more on lobbying than they did on taxes. The senior Democrat on ...
    08/31/2011 - 5:12 am | View Link
  • More
  • Techmeme
    Blog tracking other technology blogs.
    04/18/2014 - 7:14 pm | View Website
  • Fortune 500 2009: Top Companies' CEOs: A
    An index of CEOs of Fortune 1000 companies. The 2009 Fortune 500 is an annual ranking of America's largest companies. CEOs include Warren Buffett, Jamie ...
    04/18/2014 - 4:44 pm | View Website
  • Business News, Personal Finance and Money News
    Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News
    04/18/2014 - 4:08 pm | View Website
  • Companies Fleeing Taxes Pay CEOs Extra as Law Backfires ...
    Tax Rate . The statutory U.S. corporate income tax rate of 35 percent is the highest among developed countries, although many companies end up paying less.
    01/26/2014 - 6:54 pm | View Website
  • Chinese firm paid insider 'to kill my company,' American ...
    A Chinese energy firm offered big money and access to women to entice an engineer at a U.S. company to launch a cyber raid on his employer, stealing sensitive ...
    08/5/2013 - 7:53 pm | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News