windfall tax

A policy idea worthy of consideration - Tie corporate profits to U.S. job creation

Les Leopold has written a piece on The Huffington post, Tie Wall Street Profits and Bonuses to the Unemployment Rate. This is similar to what the Horizon Project has alluded to, in addition to policy ideas Ralph Gomory and Margaret Blair have presented to Congress on the problems with executive pay and corporate governance.

Leopold proposes a steep windfall tax on executive pay and bonuses, tied directly to the U.S. unemployment rate: