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Portland's answer to inequality: a tax on CEO pay

caption: Portland, Oregon
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Portland, Oregon
Flickr Photo/AaronHockley (CC BY-NC-ND 2.0)/https://flic.kr/p/eyWh9E

Kim Malcolm talks with Portland city commissioner Steve Novick about a new law designed to reduce income inequality. Publicly traded companies that do business in Portland will face a new tax if their CEO makes 100 times more than the average worker.

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