California Debate Over CEO Pay Tax Foreshadows Federal Fight
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.
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I moved away from my hometown of Litchfield, Minnesota, several decades ago, and since that time, my politics have veered to the left as those in my hometown have veered to the right. Donald Trump won my family’s western Minnesota congressional district by over 30 percentage points.
And yet, when I visit the church bazaars and county fairs or attend family reunions in my hometown, we always find common ground when it comes to wealth-hoarding corporate CEOs.
So I’m not surprised by national polls showing that both Democrats and Republicans have had it with CEO greed. Some 78% of US workers feel CEOs are overpaid compared to their employees, one poll found last year.
It may be even worse than they think.
by Sarah Anderson
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.
by Sarah Anderson
CEOs of major military contractors enjoyed a big jump in the value of their personal stock holdings after the U.S. airstrike that killed an Iranian military leader.
by Sarah Anderson
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.