To make our tax code more effective in promoting pay equality, I propose linking corporate effective tax rates to the difference in total compensation between the highest-paid and lowest-paid employees of each corporation. Thus, a company with a 20:1 ratio would pay a significantly lower tax than one which has, say a 400:1 ratio.
Why is this important?
Currently, our tax code does nothing to address corporate vulturism - the making of vast profits without paying back (consider GE these past few years).
