Taxing CEO Salaries versus Limiting Salaries

The CEO of NetFlix had an interesting alternative to capping CEO salaries (those of companies that took federal aid). He suggests that we raise the income tax rate from 38% to 50% for any salaries that are over $1 million.

Federal and State Government would get the additional tax revenue.

Government would not get itself in the private sector and dictating salaries or other compensation matters that are maybe best left to shareholders.