Proposals on the table to pay for the Build Back Better Act could rein in offshoring, excessive CEO pay, and wasteful stock buybacks.
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.