[star]The American Mind[star]

July 23, 2006

Taxing Times

Malcolm Gladwell notes a reason not to long for the "good old days:"

[I]n 1949, the highest paid CEO in America was Charlie Wilson of General Motors, who earned $586,100 in salary, bonus and stock. That's roughly equivalent to what some of the better-compensated CEO's are making today.

But what did Wilson pay in taxes? $430,350.

[via Club for Growth]

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Posted by Sean Hackbarth in Economics at 01:08 AM | Comments (6) | Trackbacks (0)