Politico: What’s Next for That Ca. CEO Pay Bill?
media mentionMorning Tax, May 12, 2014
Matthew Gardner, the executive director of the Institute on Taxation and Economic Policy, said while the bill highlights “two vital problems we ought to fix — excessive CEO pay and underpayment of corporate taxes,” if it did somehow pass, it’s easy to picture what would happen next in offices across the state. “You can already imagine a roomful of accountants trying to figure out a way to get around it,” he said. The bill is on the appropriations committee’s agenda today, with the meeting kicking off at 10 a.m. PST, and if it passes there, it moves to the full state senate floor.
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