Twenty-Five Top CEOs Earn More than Their Firms Pay in Taxes!

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!

Tony

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