President Clinton proposed eliminating the tax deduction for all compensation over $1 million for CEOs unless the
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President Clinton proposed eliminating the tax deduction for all compensation over $1 million for CEOs unless the pay is tied to company performance. Proponents argue that this proposal will benefit shareholders. “Everyone knows that CEOs are overpaid and that their pay is not appropriately tied to performance. This legislation helps solve both problems.” Present an argument against this proposal.
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The proposal is based on the assertions that executives are both overpaid and that their pay is not ...View the full answer
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Related Book For 
Managerial Economics and Organizational Architecture
ISBN: 978-0073375823
5th edition
Authors: James Brickley, Jerold Zimmerman, Clifford W. Smith Jr
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