billionaire paul tudor jones wants to rate companies on their probity not their profits creditandrew sullivan for the new york timesdec 20 2015paul tudor jones ii the hedgefund billionaire has a plan to reduce income inequality he wants to rate companies on their probity not their profitsthe wealth gap thats the single most important issue in this country he said in september while unveiling just capital a nonprofit organization that he created with deepak chopra the spiritual selfhelp author and wellness entrepreneur who taught mr jones how to meditatejust capital will rank corporations on how well or justly they treat employees society and the environment the idea is to laud companies that offer better pay happier workplaces and greater transparency and perhaps shame others to follow suitthis kind of moral index mr jones said could not only impact investors it could impact consumers it might impact the way companies hire the way people go and work with companies it will impact boardrooms everythingthe project began improbably enough in 2011 in the chic manhattan design store abc carpet and home when mr chopra was whisked away from his salon in a friends chauffeured car to an occupy wall street rallytoday with a presidential election looming and calls for the wealthy to pay more in taxes coming not only from populist politicians but also from billionaires like warren e buffett even members of the top 1 percent of the 1 percent are passionately inveighing against the wealth gapthe middleclass guy whos making the 50000 a year realizes im being taken advantage of warned carl icahn a corporate raider turned activist investor in a video titled danger ahead that he released in late septemberwhile there has not exactly been a groundswell among the wealthy to significantly raise their own taxes mr icahn and mr buffett are among several of americas prominent top earners who have endorsed changing the tax loophole that treats a large portion of privateequity and hedgefund managers income known as carried interest as more lightly taxed capital gains and require it to be taxed as regular salary in a statement responding to questions for this article mr jones said his strong opinion was that carried interest should be taxed as ordinary incomebillionaires see a backlash coming said sam wilkin an economist and author of wealth secrets of the one percent mr jones has experienced it firsthand in march the hedge clippers a coalition of labor groups and community activists marched on his greenwich conn estate to protest the influence of hedgefund managersat the same time some of americas wealthiest are responding with an unprecedented flood of money into politics largely supporting republican candidates who have pledged to cut taxes a new york times investigation documented in october how 158 families were responsible for almost half the money raised in the current presidential race people from the finance industry lead the listthis year mr jones said in a ted talk that traditionally there are three ways to change income inequality by