House Tax Bill Targets Deferred Compensation, High-Paid Execs

Andrew Liazos warned that the proposed Republican tax plan “will have a profound impact on executive compensation practices,” because its provision to tax deferred compensation when vested rather than when paid “is going to apply to anyone with a deferred comp package. It doesn’t matter how much you make $150,000 or $10 million you’re taxed whether you get paid or not.”