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Elon Musk Leads America’s Top Tax-Dodging CEOs

A new study reveals a staggering number of companies pay their CEOs more than they pay in taxes.

What they found was pretty consistent: The firms took home high profits and lavished their top executives with exorbitant pay, all while stiffing Uncle Sam. While the five years that the IPS put under the microscope may feature some of the most flamboyant examples of this wretched excess, it’s important to remember that none of this happened in a vacuum—this widening gyre of inequality is decades in the making. This came about in part because of boardroom decisions: As shareholders chased higher returns, CEOs have been increasingly rewarded for finding new and more creative ways to dodge paying taxes and engage in self-dealing.

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