In my most recent post, I showed that there were 144 Executives in just five sectors who disclosed their catch-all "All Other Compensation" of more than $500,000 each in the most recent year disclosed.
This "All Other Compensation" includes many various perqs.
Given how huge this "All Other Compensation" category is, and also given the unusual nature of many of these items, I recommend the following.
The US Government should set a maximum allowable amount of "All Other Compensation" for each executive that a company can deduct for US federal income tax purposes in a given year.
Perhaps a reasonable amount here is $250,000.
And this $250,000 maximum US federal income tax deduction by a company wouldn't be just for all executives of a company, but also for all members of the company's Board of Directors.
