CEO Dan Price is worth millions and pays all his employees at least $70,000 a year. He’s begging the state to tax him more.

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Wealth inequality hits close to home for Dan Price.

The CEO of Gravity Payments, a credit-card-processing company based in Seattle, Price is perhaps best known for taking a million-dollar pay cut and setting a $70,000 minimum wage at Gravity Payments in 2015. The company’s sleek headquarters are located in the trendy downtown Ballard neighborhood, adjacent to Ballard Commons Park and its homeless encampments.

“At any given time, we have 20 to 25 neighbors who are homeless,” Price told Insider. “Just walking by and getting to know them over a couple of years, it doesn’t feel right.”

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