Articles written by Lloyd Doggett

Lloyd Doggett|Jul 2, 2014

There is an outrage in our tax code and it’s costing you money. Federal law currently gives publicly–held corporations a special tax deduction when they pay their executives huge “performance-based” bonuses. The deduction can be worth millions of dollars. The more they shower their executives with such pay, the less publicly-held corporations pay in federal taxes. And when giant companies don’t pay their fair share, that tax burden is then shifted onto small businesses and working families. Public outcry over huge pay packages and corporate...