Also, when a corporation is doing terrible, CEO exits with a golden parachute, for example at K-Mart.
Posted on 12/08/2016 6:53:02 PM PST by aimhigh
Portland City Council approved the controversial plan 3-1 Wednesday, making a statement about growing income disparity in the United States while giving Commissioner Steve Novick a legacy piece in his final weeks in City Hall.
The tax targets publicly traded companies whose chief executives report salaries at least 100 times higher than the salary of a median worker.
(Excerpt) Read more at oregonlive.com ...
How much are those bozos on the trailblazers getting paid?
Also, when a corporation is doing terrible, CEO exits with a golden parachute, for example at K-Mart.
“Novick estimates there are more than 500 publicly traded companies in Portland that will be subject to the tax.”
Not for long. It will be interesting to see in five years how many job losses can be attributed to this as corporate offices move out of the city limits.
The only city with a lesbian strip joint.
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