A new type of tax…

San Francisco imposes 0.1% tax on corporations that pay CEOs more than 100x median wage. 0.2% if they pay 200x and so on to a max of 0.6%. Read more here.

Then consider the following questions:

  • Why have SF implemented this tax?

  • What, if any, might be some of the negatives of imposing this tax?

  • Do you think more countries/states should follow suit?

  • Can you think of a different policy to achieve the same aim?

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