One of the first CEO-pay disclosures from a major U.S. company shows a ratio of top-executive compensation to regular-employee compensation of 333 to one. In a recent preliminary proxy filing with the Securities and Exchange Commission, aerospace and industrial...
You may not be aware that corporations traditionally have been able to deduct up to $1 million in salaries for some of its top executives from their tax bills, and nearly limitless amounts in performance packages due to loopholes. “It’s really very open-ended,” said...