Dean Baker received his B.A. from Swarthmore College and his Ph.D. in Economics from the University of Michigan. He’s written “Rigged” Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer.
In this book, he brings up the “Baker Rule”: Nonprofits lose tax exempt status if they pay the boss more than the president’s $400k. If they can’t find someone competent to do the job for the same pay as the president, then it’s not the sort of outfit taxpayers should be subsidizing.
This goes along with Jay Gonzalez and his plan to tax the wealthy colleges and universities that are “nonprofit” but pay their bosses a heck of a lot more than $400K.
I’m on board with this, as should all working class citizens of the Commonwealth.