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A privately owned baseball team that pays a star player an annual salary of $22 million can deduct the entire $22 million as salary expense.
A privately owned baseball team that pays a star player an annual salary of $22 million can deduct the entire $22 million as salary expense. If the same amount is paid to the CEO of Procter & Gamble, Procter & Gamble may only deduct $1 million.
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