“Overpaid Executive Tax” in SF hits firms that pay CEOs 100X more than workers

Businesses can either pay tax, reduce top executive salary, or pay workers more.

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[BlackHex]

I absolutely agree with the intent, I have long wanted such a law... however, it is just way to easy to bypass such legislation. I'm pretty sure they just need to do something simpler like increasing the top-rate tax to 90% over 100*NationalMedianWage or something (i.e. back to 1950's levels).