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French high court approves 75 percent tax rate on executive salaries

France’s top court on Sunday approved a proposal for companies to pay 75 percent tax on annual salaries exceeding one million euros in line with President Francois Hollande’s drive to limit executive pay at a time of economic hardship. The Constitutional Council had earlier in the year thrown out one…

Americans say Wall St. has too much power, but CEO pay keeps climbing

Executive pay in 2010 was up as much as 40 percent in some cases, even as Americans’ approval of mega-corporations on Wall Street plunged to its lowest levels yet, data released this week reveals. In a study first examined by The Guardian, U.S. executive pay skyrocketed in 2010, up 40…