Is California the Greatest State, or What?
Two California state senators, Mark DeSaulnier (D-Concord) and Loni Hancock (D-Berkeley), introduced SB 1372, a landmark bill that would help bridge the gap between rich and poor. What SB 1372 would do is raise the corporate tax on any company whose CEO makes more than 100 times the median rate of its employees, and lower the tax on any company whose CEO makes less than 100 times the median rate.
