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View Diary: Why are CEO Multi-Million Dollar Parachutes Tax Deductible? (47 comments)

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  •  Katie Couric (2+ / 0-)
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    kurt, jamess
    I would emphasize that's it's the pay of the top five executives that's restricted, not the top five employees. For example, CBS can deduct 100% of the pay of its best paid employee, Katie Couric, because she isn't an executive of the company
    •  emilysdad yes, that's right (1+ / 0-)
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      emilysdad

      Just like the professional sports teams can fully deduct the salaries of all the players. It makes sense to have a "talent" exception.

      "let's talk about that"

      by VClib on Mon Jan 31, 2011 at 09:58:50 PM PST

      [ Parent ]

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