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Portland Adopts Surcharge on C.E.O. Pay in Move vs. Income Inequality

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Post by FluteHolder Fri Dec 09, 2016 2:07 pm

http://www.nytimes.com/2016/12/07/business/economy/portland-oregon-tax-executive-pay.html?ref=business&_r=2

Under the new rule, companies must pay an additional 10 percent in taxes if their chief executives receive compensation greater than 100 times the median pay of all their employees. Companies with pay ratios greater than 250 times the median will face a 25 percent surcharge.

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