Many high-end earners such as athletes, entertainers and surgeons have a maximum federal tax rate of up to 38.5% with the Medicare surtax, while entrepreneurs and business executives can often structure their compensation to get capital gains treatment and pay a maximum tax rate less than 2/3rds of that at 23.8%. Discuss the equity, risks and opportunities involved in tax planning executive compensation using some the the laws and tools you learned in chapters 5 & 6. Once again label and citations you use and clearly state opinions as such.