| Twenty-five of the best-paid chief executive officers in the United States earned more in salary and other compensation in 2010 than their companies' federal income tax expenses as disclosed in public filings, according to a report by the Institute for Policy Studies.
The nonprofit group's report, released Wednesday, examined 100 publicly traded U.S. corporations with the highest-paid CEOs. It found that companies whose CEOs' compensation exceeded reported tax expense in 2010 had average global profits of $1.9 billion. |
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