WASHINGTON — Out of 30 of the largest companies in the United States last year, nearly a quarter paid more to their chief executive than they did in federal taxes, according to new research.

That proportion appears to hold true for a larger sample of U.S. companies, as well. Of the country’s 100 top-paid CEOs last year, 29 received more in compensation than their companies paid in taxes. And that trend appears to be strengthening.
The researchers are not accusing any of these companies of breaking the law. Rather, the corporations are making use of a spectrum of tax exemptions, subsidies and loopholes that have accumulated over the course of decades of tax-writing and corporate lobbying.

Indeed, the new data comes out just as federal lawmakers are debating what to do with around 55 tax breaks that would need to be extended by the end of this year. These are not new policies, but an already expired group of favorable tax policies put in place “temporarily” then regularly extended by Congress, typically with relatively little debate. For this reason, these policies are often referred to as “extenders.”
'Tis The Season To Be Greedy: America