President Biden has the power to crack down on executive excess by imposing new CEO pay and buyback restrictions on federal contractors.
Remember when CEOs were swearing up and down they’d create thousands of jobs if Congress passed the Republican tax plan?
The ink was not even dry on the new tax law before some of these same CEOs started announcing they’d be cutting jobs — not creating them.
In this video, I talk about how corporate executives are using the proceeds from the new tax law to enrich themselves and their wealthy shareholders.
The GOP’s tax giveaways to big corporations — unless we repeal them — will be the party for the 1% that never ends.