‘We Are Not Taxing the Very Wealthy Enough’: Runaway Inequality About to Get Worse
The United States' astronomical levels of economic inequality are poised to become further entrenched in the coming years.
100 CEOs have as much in retirement assets as 41 percent of all American families.
By Scott Klinger and Sarah Anderson
This report, co-published by the Institute for Policy Studies and the Center for Effective Government, is the first to provide detailed statistics on the staggering gap between the retirement assets of Fortune 500 CEOs and the rest of America.
Key findings:
The Top 100
Special Tax-deferred Compensation Accounts
Government Contractors
Gender and Race Gaps
The report also examines various policy shifts that have favored corporate executives and identifies reforms to limit CEO retirement subsidies and ensure a dignified retirement for ordinary Americans.