While low-wage employees lost hours, jobs, and lives, their CEOs got raises. It’s time to tax huge CEO-worker pay gaps.
More than half of the country’s 100 largest low-wage employers rigged pay rules in 2020 to give CEOs 29 percent average raises while their frontline employees made 2 percent less.
Who are the ten biggest pandemic profiteers?
Pandemic doubles wealth of private, for-profit hospital billionaire Thomas F. Frist Jr.’s family to $15.6 billion.
For-profit hospital billionaire owners see their wealth increase by $8.1 billion since March 2020.
‘Billionaire Wealth vs. Community Health’ report urges Delinquent Dozen companies to protect workers from exploitative owners and executives.
With the right policy actions now, we can exit this pandemic on a pathway to a more decent and equitable society.