A trio of progressive lawmakers took aim at companies with large pay gaps between the c-suite and the rank-and-file with a proposal to tax corporate America when executive pay far exceeds a typical employees’ wages. The “Tax Excessive CEO Pay Act” — proposed...
Ms. Anderson’s study calculates that 90 corporate members of Fix The Debt paid their CEOs and their next three-highest paid executives more than $6.3 billion between 2009 and 2011. For shelling out this largesse, these companies received tax breaks worth as much...
