On August 9, 2015, the New York Times published an article titled Capitalists, Arise by Peter Georgescu, which proposed a five year trial program in which the government would give a tax break to companies that increase the salaries of their employees earning less than $80,000. Rather than dismissing such a notion out of hand as another corporate tax giveaway, maybe we should consider the possibility of using the corporate income tax to penalize inequality and reward equality. For example, we might raise the overall corporate income tax rate but allow businesses to discount the applicable rate by the Gini coefficient of the employee compensation paid by their enterprise.
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