America's Largest Companies Paid Top Executives More Than They Paid In Taxes: Report

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Molly Redden is a senior politics reporter for HuffPost. Before joining HuffPost, she covered gender issues as a senior reporter for the Guardian US and was a staff writer for Mother Jones and the New Republic. She is based in New York. She can be reached at molly.redden@huffpost.com.

Corporate tax dodging and excessive executive pay have grown so rampant that dozens of major American companies now pay more money to their top executives than they pay in federal income taxes,

The cumulative executive pay at those 35 companies was $9.5 billion, while their total corporate tax bills netted out to a refund of $1.8 billion. Every company included in the report posted a profit all five years. Whether you come to HuffPost for updates on the 2024 presidential race, hard-hitting investigations into critical issues facing our country today, or trending stories that make you laugh, we appreciate you. The truth is, news costs money to produce, and we are proud that we have never put our stories behind an expensive paywall.

 

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