Comments on: Compensation Reform? Please http://wallstreetpit.com/10970-wall-street-compensation-reform-in-name-only Tue, 22 May 2012 19:21:52 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: SODDI http://wallstreetpit.com/10970-wall-street-compensation-reform-in-name-only#comment-67641 SODDI Tue, 06 Oct 2009 23:20:52 +0000 http://wallstreetpit.com/?p=10970#comment-67641 An easy way to deter abuses such as Citigroup's $100 million bonus payout to their energy futures wunderkind is a simple change in the IRS accounting rules. Bonuses over 10K would be considered part of the firm's NET profits (and taxable as such) and not considered to be expenses. Either that, or we could start warming up the tumbrils. An easy way to deter abuses such as Citigroup’s $100 million bonus payout to their energy futures wunderkind is a simple change in the IRS accounting rules. Bonuses over 10K would be considered part of the firm’s NET profits (and taxable as such) and not considered to be expenses.

Either that, or we could start warming up the tumbrils.

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