Billions in Corporate Taxes Piling Up Under New Executive Pay Rules
For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day.
What happens when you tax sky-high executive compensation? Companies prove willing to hand over hundreds of millions in cash to pay for it.
That's a key takeaway from new analysis by The Wall Street Journal, which shows how tax overhauls have led to huge annual tax expenses to cover senior executive pay packages.
Source Fool.com