Bailout Executive-Pay Curbs Use Loophole-Rich Tax Law (Bloomberg)

September 29th, 2008 by admin

Bailout Executive-Pay Curbs Use Loophole-Rich Tax Law
(Bloomberg)

Bloomberg – Sept. 29 (Bloomberg) — The U.S. Congress is turning to the
tax code, long a harbor for loopholes, to penalize excessive
executive pay at many companies seeking aid from the federal
government’s $700 billion bank-rescue plan.

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