Quote Originally Posted by mugofbeer View Post
So MikeOKC, do you pay more taxes every APril than the IRS code requires?
No, I don't. Apples and oranges, Mug. The article and chart simply pointed out that AM was paid more in compensation in 2009 than taxes paid by the company he heads and CHK had $7.7 billion dollars of revenue. It's saying more about what your CEO is being paid than anything. Not to mention, his sweetheart FWPP deal, where he makes money - personally - on every well (see 3 or 4 posts back) isn't even counted in that compensation. With that FWPP, seriously, no telling how much McClendon rakes in as the CEO of this public company. But again, the issue is that even without that, he personally made more money than all of CHK paid in corporate taxes. That's pretty hard to fathom.