
Bailing Out the Rich — Again
In a deeply unequal America, our democracy clearly has a problem legislating emergency relief without further enriching the already rich.
In a deeply unequal America, our democracy clearly has a problem legislating emergency relief without further enriching the already rich.
The fact that so many Americans are facing dire circumstances now is a direct result of the exploitation economy and we should take this opportunity to change it.
Why debate the coronavirus bill currently before Congress? When Congress rushed through a massive stimulus plan in 2008, it ended up bailing out big businesses but not regular people.
Meanwhile, Republicans have proposed pathetically weak executive pay restrictions for companies relying on taxpayer support.
Legislators proposing major stimulus packages must ensure bailout dollars are funneled to workers, not executives or shareholders.
The government should provide direct wage subsidies to airline workers while restricting CEO pay to no more than 50 times median wages.
In Trump America, science no match for ‘free market’ fundamentalists and CEOs chasing windfalls.
Abigail Disney testified in support of a California state senate bill to tax large CEO-worker pay gaps before the committee voted to advance the proposal.
As long as the top executives of our privatized war economy can reap unlimited rewards, the profit motive for war in Iran, or anywhere, will persist.
The Tax Excessive CEO Pay Act could incentivize less harmful corporate executive behavior while raising revenue that could be used to reduce inequality.
The Tax Excessive CEO Pay Act, landmark new legislation before Congress, links corporate taxes to the CEO-worker pay divide.
The House-Senate companion bill addresses corporate America’s extreme disparities, giving firms an incentive to lift up the bottom and bring down the top of their pay scales.
In 2018, fifty publicly traded U.S. corporations paid their CEOs more than 1,000 times what they paid their median workers.
CEO-worker pay gaps are the clearest proof that corporations like Mattel and many others don’t respect their employees.
Three new sets of stats help us understand why America’s 400 richest have never been richer.