The 100 Largest Low-Wage Employers Have Spent $341 Billion on Stock Buybacks Since 2020
A new report reveals how stock buybacks have inflated CEO paychecks and widened pay gaps at the 100 largest low-wage corporations.
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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
A new report reveals how stock buybacks have inflated CEO paychecks and widened pay gaps at the 100 largest low-wage corporations.
by Sarah Anderson
New fact sheets by the Poor People’s Campaign and the Institute for Policy Studies reveal disturbing data on systemic racism, poverty and inequality, ecological devastation, and militarism in every U.S. state.
by Sarah Anderson
Let's raise the contribution cap, get rid of tax preferences for gilded CEO retirement accounts, and use the extra revenue to expand retirement benefits.
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