Study: Companies Paid More to CEOs Than in US Tax - The Missourian: More News

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Study: Companies Paid More to CEOs Than in US Tax

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Posted: Thursday, August 16, 2012 11:10 am

NEW YORK (AP) — Twenty-six big U.S. companies paid their CEOs more last year than they paid the federal government in tax, according to a study released Thursday by a liberal-leaning think tank.

The study, by the Institute for Policy Studies, said the companies, including AT&T, Boeing and Citigroup, paid their CEOs an average of $20.4 million last year while paying little or no federal tax on ample profits, according to regulatory filings.

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