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Shouldn’t Social Security Recipients Get A CEO-Sized Raise?

CEOs got an average 3.9 percent pay increase last year. This increase is subsidized by taxpayers because corporations can deduct it as an expense. Meanwhile, America’s struggling seniors will receive…
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CEOs got an average 3.9 percent pay increase last year. This increase is subsidized by taxpayers because corporations can deduct it as an expense.

Meanwhile, America’s struggling seniors will receive no cost-of-living allowance (COLA) increase next year because the COLA doesn’t take into account the things seniors need to buy. If only there were some way to make an adjustment that fixes this discrepancy…

Read the full article on Common Dreams’s website.

For press inquiries, contact IPS Deputy Communications Director Olivia Alperstein at olivia@ips-dc.org. For recent press statements, visit our Press page.

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