New data mandate will feed pay-gap myths

Cato’s Daily Podcast features Thaya Brook Knight discussing the proposal outlined in this space the other day:

President Obama wants to compel many companies to begin reporting salary information to the federal government. Thaya Brook Knight comments.

Correction: The proposal would not require companies to provide the information as part of their own tax filings, but would require them to use the information from employees’ Forms W-2 to compile the required disclosure, which would be made to the EEOC.

Earlier on the pay-gap mythos here (Hanna Rosin, Slate: “You Know That ‘Women Make 77 Cents to Every Man’s Dollar’ Line? It’s Not True.”) as well as past links to articles such as this, this, and this.

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