Liu's proposal is based around charging a 20 percent excise tax on top of the standard 8.875 percent city sales tax. (entrepreneur.com)
Charities, by and large, do not pay executives over $ 1 million, according to research from Charity Navigator, though there are exceptions and it would be difficult for a charity to explain having to use donations for a 20 percent excise tax on executive compensation. (cnbc.com)
The City of Denver recently voted to slap a new 5 percent tax on marijuana, on top of its own 15 percent excise tax and 10 percent sales tax. (entrepreneur.com)