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Monday, August 20, 2012

Four Chicago mega-corporations pay their CEOs more than they paid in federal taxes. « Fred Klonsky

Four Chicago mega-corporations pay their CEOs more than they paid in federal taxes. « Fred Klonsky:


Four Chicago mega-corporations pay their CEOs more than they paid in federal taxes.

Abbott Labs paid CEO Miles White $19 million, while the company received a $586 million federal tax refund. 

Barbara Gilhaus, who retired after teaching 31 years in Illinois, receives $28,000 a year from the Teacher Retirement System
.
Governor Quinn gave Motorola a ten-year $100 million tax break.
Motorola paid no federal corporate income taxes in 2011. It paid its former CEO Sanjay Jha more than $47 million in total compensation.
Motorola Solutions, which makes communications equipment for government and industrial customers, paid $2