San Francisco voters approve first-in-the-nation CEO tax that targets income gap

San Francisco voters approve first-in-the-nation CEO tax that targets income gap

4 years ago
Anonymous $RGO3jP_V_c

https://www.siliconvalley.com/2020/11/04/san-francisco-voters-approve-first-in-the-nation-ceo-tax-that-targets-income-gap/

San Francisco voters approved a new tax that will target businesses with the most disproportionately paid CEOs.

Measure L required a simple majority to pass and was approved by 65.18% of voters Tuesday night, making San Francisco the first U.S. city to move to tax both private and public businesses based on how “overpaid” their top executives are.

San Francisco voters approve first-in-the-nation CEO tax that targets income gap

Nov 4, 2020, 8:26pm UTC
https://www.siliconvalley.com/2020/11/04/san-francisco-voters-approve-first-in-the-nation-ceo-tax-that-targets-income-gap/ > San Francisco voters approved a new tax that will target businesses with the most disproportionately paid CEOs. > Measure L required a simple majority to pass and was approved by 65.18% of voters Tuesday night, making San Francisco the first U.S. city to move to tax both private and public businesses based on how “overpaid” their top executives are.