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?