In the News
I ran a business. I know a CEO doesn’t need to make 1,000 times more than his workers.
I’ve been an entrepreneur about as long as any American still alive. I started my fishing tackle business in 1937, as a high school sophomore. A few decades later, in…
D.C. Metro campaign plays up transit’s climate benefits
Washington Metro commuters may have noticed ads recently touting the benefits of slashing emissions of heat-trapping carbon dioxide. … Read the full article at Energy & Environment News.
The Political Realities of Science Work
In his recent piece “Geo-engineering is a Scam“, Josue De Luna Navarro points out a fact that has always been true of the engineering profession (and also most other highly…
Oprah Winfrey Announces $13 Million Gift to Morehouse College for Scholars Fund
Philanthropist Oprah Winfrey visited Morehouse College Monday to celebrate the 30th anniversary of the Oprah Winfrey Scholars Program and made a surprise announcement. She donated $13 million to continue the…
Boston City Councilor Michelle Wu Calls For Abolition Of Agency Charged With Zoning And Development
Boston City Councilor-At-Large Michelle Wu, in a detailed study released Monday, is calling for the abolition of the Boston Planning and Development Agency (BPDA), the quasi-independent entity that exercises enormous…
Florida finds another way to deter voting
The poll tax Florida Gov. Ron DeSantis just signed into law may cost his state $365 million a year — indefinitely. DeSantis and the GOP-led Florida Legislature recently made quick…
CEO-worker pay gap
Sarah Anderson, director of Global Economy Project at the Institute for Policy Studies, joins the Santita Jackson Show to discuss her new report on CEO-worker pay gaps. Listen to the…
Drug Policy & Social Justice
How do we make sure that the communities who’ve been impacted by decades of punitive drug laws have a way of being involved in the emerging legal industries – such…
Ding the CEOs
The liberal Institute for Policy Studies also had a study on CEO pay gaps teed up for Monday. Among the findings: S&P 500 corporations could have owed as much as $17.2 billion…
Bernie Sanders wants to tax companies that pay their CEOs way more than their workers
The average CEO of an S&P 500 company made 287 times more than their median employee last year, and Sen. Bernie Sanders wants to force them to change that — or pay for it.…
Companies That Paid Their CEOs 3000 Times What Their Workers Made
Recently the U.S. Securities and Exchange Commission (SEC) announced a rule that companies have to show the ratio of what their chief executive made in a year compared to the…
Addressing income inequality through corporate taxes
Sarah Anderson, Institute for Policy Studies, and Aparna Mathur, AEI, join “Squawk Box” to discuss the impact taxes have on fighting income inequality. … Watch the full interview at CNBC.
UNDER BERNIE SANDERS’ INCOME INEQUALITY TAX PLAN, WALMART WOULD HAVE PAID UP TO $794 MILLION MORE IN 2018
Walmart would have paid up to $794 million more in taxes last year under a tax plan from Senator Bernie Sanders, according to the Institute for Policy Studies. The Vermont senator…
MarketWatch Personal Finance Top Stories
Monday’s top personal finance stories It would take 1,000 years for the average employee to earn what their CEO makes in just one, study says The Institute for Policy Studies…
It would take 1,000 years for the average employee to earn what their CEO makes in just one, study says
This is rich. For the past two years, publicly held corporations have had to disclose the ratio between the compensation of their CEOs and the median compensation of their employees under…
Sanders corporate tax hikes would target wealthy CEOs
Sen. Bernie Sanders outlined a plan Monday he says will rein in income inequality by raising taxes on corporations with large pay gaps between CEOs and employees. This is Sanders’…
Bernie Sanders wants to tax companies where CEOs far outearn workers
In a step to address the country’s rising income inequality, Sen. Bernie Sanders is proposing a new tax on large companies whose chief executives earn far more than their workers. The proposal, which…
Elon Musk makes 40,668 times more than a median Tesla employee
Walmart’s CEO makes 1,076 times what some of the company’s workers make in a year. The discount giant is not alone. Workers at 50 U.S.-based corporations would have to work…
Sanders Unveils Plan to Hike Taxes on Corporations That Pay CEOs ‘Hundreds of Times What Their Workers Make’
Sen. Bernie Sanders on Monday unveiled a proposal to reduce massive disparities between executive and worker pay by hiking taxes on corporations that pay their CEOs dramatically more than median employees. “The…
Bernie Sanders Rolls Out Plan To Curb CEO Pay
Sen. Bernie Sanders (I-Vt.) released an “income inequality tax plan” on Monday that would increase taxes on big companies where CEO pay is more than 50 times higher than that…
From Tesla to McDonald’s, these are the 20 CEO-enriching companies that would get hit hardest by Bernie Sanders’ new inequality tax
On Monday, Sen. Bernie Sanders announced a new Income Inequality Tax Plan that aims to penalize companies where the top executive is paid more than 50 times what the median worker makes.…
Bernie Sanders wants to tax companies that pay their CEOs way more than their workers
Sanders’s presidential campaign unveiled its latest proposal to curb massive inequality in the United States Monday: An “Income Inequality Tax” on companies with massive pay disparities between the executive suite and the…
Bernie Sanders pushes new tax targeting large companies where CEOs earn far more than workers
Sen. Bernie Sanders (I-Vt.) unveiled a plan on Monday that would dramatically increase taxes on corporations that pay their CEOs far more than their workers, adding to the growing suite…
‘It is time to send a message’: Bernie Sanders plan takes aim at CEO pay
Presidential candidate Bernie Sanders is going after CEOs with huge pay relative to their company’s regular workers. The Vermont senator unveiled a new plan on Monday that proposes to raise…
Elon Musk Tops Bernie Sanders’ Inequality Tax Hit List
Senator Bernie Sanders’ new tax proposition targets companies where the pay gap between average worker wages and their CEO’s big buck payments is the greatest. Tesla’s Elon Musk is right at the…
Under Pressure From Labor Leaders and Striking Workers, GM Agrees to Fund Health Coverage During Walkout
Workers’ rights supporters celebrated Thursday after General Motors caved to pressure and agreed to continue paying healthcare premiums for thousands of striking workers. The company moved to fund its employees’…
The audacity of black capitalism
Berry Accius was running more than an hour late when he pulled up to his south Sacramento thrift store Hidden Gems, located on the back side of a strip mall on…
As Impeach Trump Momentum Builds, Grassroots Groups Target Undecided Members of Congress
After House Speaker Nancy Pelosi finally caved to pressure from a growing cohort of Democratic lawmakers and formally launched an impeachment inquiry into President Donald Trump Tuesday evening, grassroots groups on Wednesday…
43 years ago, a US Cold War ally assassinated one of its biggest critics with a car bomb in the heart of Washington, DC
On September 21, 1976, a car bomb detonated in Sheridan Circle, in the heart of Embassy Row in Washington, DC. The car’s windows shattered and floor panel blown off. The…
Lawmakers Split Over Trump Economy’s Impact on Income Inequality
Democrats and Republicans on the House Budget Committee disagreed not only about how to tackle economic inequality, but also over whether President Donald Trump and the GOP have made the…
