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, Tiffani McCoy 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.