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Posted

I remember when Steve went to almost '0' buckeroos a year...then it took a few years and reports came out of all the perks...and soon some money magazine ran an article about how he's one of the most overpaid execs (because of the jet that was gifted to him by the board etc.).

 

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Posted

There seems to be a bit more to this story - it seems the main reason is actually to reduce their tax burden since they don't pay the typical "payroll" taxes on stock options. It is a great symbolic gesture though and I think a good idea.

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