Modify the tax code to give corporations an incentive to reduce the income gap between the workers and the CEO/Directors

Modify the tax code so that excessive compensation (or a multiple thereof) is added back into the Net Earnings used for the calculation of income tax owed by a corporation. ‘Excessive Compensation’ would be defined as compensation paid to any officer, director or manager that is more than 400 times that of the lowest paid employee or contractor. This would serve as a negative loop-hole that would raise the tax burden on the corporation. It would would serve the public good by giving the decision makers a personal motivation to narrow the income gap by either lowering their own pay or raising the pay of the lowest paid workers.