Portland proposes a special tax on companies where CEOs make 100X more than median employee

Tue, 20 Dec 2016 21:44:04 +1100

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
https://boingboing.net/2016/12/07/portland-proposes-a-special-ta.html

"Environmental lawyer-turned-Portland City Commissioner Steve Novick has
a cool use for the new SEC rules requiring companies to disclose
executive pay starting in 2017: he's going to impose special taxes on
businesses where the ratio of CEO pay to median worker pay exceeds 100:1
-- an increase of 10% for 100:1 companies, and 25% for 250:1 companies."

Excellent idea!

Cheers,
        *** Xanni ***
--
mailto:xanni@xanadu.net                   Andrew Pam
http://www.xanadu.com.au/                 Chief Scientist, Xanadu
http://www.glasswings.com.au/             Partner, Glass Wings
http://www.sericyb.com.au/                Manager, Serious Cybernetics

Comment via email

Home E-Mail Sponsors Index Search About Us