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California Legislation Would Limit Corporate Income Tax Deductions Where the CEO Pay Ratio Is Too High
Towers Watson Link to more items from this source
May 1, 2014

"The bill ... would impose a sliding scale for the current corporate income tax rate of 8.84%, fluctuating between 7% (for companies with a CEO pay ratio of 25:1 or less) up to a rate of 13% (for those with a ratio of 400:1 or above). According to a recent Bloomberg survey of the 250 companies with the highest ratios (based on government estimates of median pay), this would subject 47 large companies to the highest (13%) tax rate. And even the company with the lowest CEO pay ratio in this survey group would see its California tax rate increase to 9.5%."

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