CEO Pay Statistics: ‘Companies Paid More to CEOs Than In US Tax’

August 19, 2012 7:27 am

We spotted the news on Citi CEO’s 2012 pay (Source) – $11.5 Million – which reminded us of this post we had done some time back – that companies actually paid more to their CEOs than what they paid in U.S Tax –

CEO Pay statistics has been a favorite spot for stats here at statspotting. We spotted this today:

“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.”

Statistics Source: Yahoo Finance

Do not try to digest this stat. You probably cannot.

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