Episode 885 • • 2:44:03 - 2:46:42
885: Force Majeur
Portland CEO Tax, Municipal Insolvency, Income Inequality
The Portland City Council votes to tax companies whose CEOs earn more than 100 times the median worker's pay. The hosts discuss this in the context of municipal insolvency, listing Portland alongside Flint and Detroit as cities facing severe financial crises and unfunded pension liabilities.