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The Big Corporation is in the 21% tax bracket for all income levels. The CEO is extremely talented and has doubled the stock price in
The Big Corporation is in the 21% tax bracket for all income levels. The CEO is extremely talented and has doubled the stock price in the last two years. She asks for and receives a salary of $5 million. a. How much can the corporation deduct for paying this salary?
b. This executive is nearing retirement age--can you suggest another way to reward her that might be more beneficial to both the corporation and the executive?
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