Dear Commons Community,
The Daily Finance has a photo gallery of twenty-five CEOs whose annual earnings are more than what their entire firms pay in taxes. The collection was made based on a report, Executive Excess 2011: The Massive CEO Rewards for Tax Dodging, from the Institute for Policy Studies. Some of the companies that made the gallery are EBay, Honeywell, Dow Chemical, and Coca-Cola. However, a special honor is reserved for Jeff Immelt, CEO of General Electric whose compensation last year was $15.2 million while his company received a $3.3 billion tax refund.
Only in a America!