Executive Excess 2011

Source: Sarah Anderson, Chuck Collins, Scott Klinger, Sam Pizzigati, Institute for Policy Studies, August 31, 2011

From a summary:
Shareholders should reward CEOs for building better products or delivering better services, not for accounting gymnastics that game their tax bills down.

For an elite group of American CEOs, sacrifice is for chumps.

As the nation struggles with budgetary constraints, Congress has exempted a group of imperial CEOs and their companies from contributing to the solution.

One special group of CEOs enjoys huge compensation packages while presiding over companies that pay little or no taxes. Twenty-five companies paid their CEOs more last year than they paid in U.S. corporate taxes, according to a new report from the Institute for Policy Studies that I co-authored.

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