As mentioned in my article “Mark Cuban’s right—end exorbitant CEO pay,” Seattle, San Francisco, and Portland Oregon are all taxing companies that pay executives excessively.
Seattle was the most recent one to do it, taxing companies 5% on everything they pay executives over $1 million, and using the estimated $30 to $80 million in annual revenue to fund social housing.
In this guest lecture,
shares how they did it. As the co-executive director of House Our Neighbors, she shares how they got the signatures and passed the ballot measure this year—all while Amazon and Microsoft aggressively fought it.
