Study Shows Income Gap
Avoiding corporate income taxes is one way CEOs boost their companies’ profits and thereby increase their own pay.
The average compensation for an S&P 500 CEO last year.
Times more the average S&P 500 CEO made last year compared to the average U.S. rank-and-file worker.
The amount of U.S. federal income taxes 322 Fortune 500 companies are avoiding by holding more than $2.6 trillion of “permanently reinvested” profits offshore.
The amount of federal taxes 18 Fortune 500 companies paid between 2008 and 2015.