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Companies Swallow $2.1 Billion in Taxes as Executive Pay Climbs

Tesla, Howmet and others rack up bigger tax bills after Congress limits deductions for executives and pay over $1 million
Original publication date: 
Thursday, July 21, 2022 - 17:50

Companies are racking up hundreds of millions of dollars in income taxes on pay for top executives, a growing bill that in some cases makes up a sizable chunk of their annual tax expense.

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