Paying the Boss 1,000 Times More Than a Worker Encourages Corporate Recklessness
At the city, state, and federal levels, momentum is building to tax corporations with extreme gaps between CEO and worker pay.
At the city, state, and federal levels, momentum is building to tax corporations with extreme gaps between CEO and worker pay.
A decade after bonus-chasing executives like Angelo Mozilo crashed the economy, we need tax incentives to push companies to narrow the gaps between CEO and worker pay.
Shortly before heading home for the summer recess, members of Congress are rushing to introduce proposals for cracking down on unpopular, overpaid executives.
SF voters will decide the fate of a proposed tax on corporations that pay their top exec more than 100 times worker pay.
While financial sector workers are enjoying a bonus bonanza, low-wage workers haven’t gotten a raise for nearly a decade.
A decade after a reckless bonus culture crashed the economy, Wall Street titans still rake in massive paychecks while many of their employees struggle to make ends meet.
The total 2018 Wall Street bonus pool was $27.5 billion — more than 3 times the combined annual earnings of all U.S. full-time minimum wage workers.
The more industries monopolize, the wider the gap between our richest and everyone else.
Executive pay excess is driving decisions that are turning workers — and their communities — into sacrificial lambs.