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“…there are ballot initiative campaigns in San Francisco and Los Angeles to raise taxes on companies with sizable gaps…” Can’t think of a better way to chase companies out of your city.
+ 1
Just another reason for CEO’s to move to Texas or Tennessee.
Please won’t somebody thing about the affects a Big Bad Tax would have on the Billionaires? For shame!
I know my last pay raise was no where near 6%, and there is a huge difference in that 6% when applied to millions of dollars versus under $50k.