1. This Former CEO Wants a Luxury Tax on CEO Pay

    This Former CEO Wants a Luxury Tax on CEO Pay

    Marissa Mayer will pocket $186 million when Verizon completes its acquisition of Yahoo, epitomizing corporate America’s affinity for paying CEOs for luck. Yahoo’s core business stagnated under her leadership. However, she inherited Yahoo’s investment in Alibaba, China’s e-commerce colossus. The increasing value of Alibaba BABA, +0.16% caused Yahoo stock YHOO, +0.08% to double over her five-year tenure. Hence she deserves $186 million, because CEOs get paid for performance...

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