Quote:
Originally Posted by Tidybuoy
In the example above, the company would only be allowed a $100k deduction vs the current $1mil deduction but the CEO will still have to pay tax on the full $1mil.
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Which is effectively double taxation. I appreciate the concern around the pay gap, though I don't agree that a solution to this phenomenon can be reverse engineered through tax policy. More likely, such a tax policy would result in those high paying CEO jobs moving out of this country.