Some companies pay more to CEOs than to Uncle Sam study
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(Reuters) - Citigroup, Abbott Laboratories, and AT&T are among the 26 companies that paid more to their CEOs in 2011 than they did in federal taxes, according to a study released on Thursday. Tax breaks on research and development, past losses, and foreign-held earnings were among those lightening the tax load for many companies on the list, said the Institute for Policy Studies, a left-leaning think tank in Washington, D.C. Citi, Abbott and AT&T all took issue with the institute's methodology. All three said they paid all taxes owed in 2011. ...
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Yahoo: Politics: Some companies pay more to CEOs than to Uncle Sam study
Date Listed : Wednesday, August 15, 2012
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