Tax Cuts and Jobs Act did little to affect executive pay, counter to what Congress intended

Through the Tax Cuts and Jobs Act of 2017, Congress attempted to curb CEO pay by repealing a long-standing exemption that allowed companies to deduct large amounts of qualified performance-based pay. New research finds the change has had little effect, with CEO pay either staying the same or growing after the law made it more costly to award executives with high levels of compensation.


Click here for original story, Tax Cuts and Jobs Act did little to affect executive pay, counter to what Congress intended


Source: Phys.org