Low-Wage Employers Spent Billions Inflating CEO Pay Through Stock Buybacks
President Biden has the power to crack down on executive excess by imposing new CEO pay and buyback restrictions on federal contractors.
President Biden has the power to crack down on executive excess by imposing new CEO pay and buyback restrictions on federal contractors.
The first-ever Senate hearing on Medicare for All examined how our profit-driven healthcare system endangers patients and betrays nurses.
Why support for capping CEO pay will only keep growing.
Our modern societies, top French politicos fear, just might ‘explode’ without one.
The proposal includes restrictions on insider stock sales and an excise tax designed to dampen the buyback spree.
If the minimum wage had increased as much as Wall Street bonuses since 1985, it would be worth $61.75 today.
The recommendations would reduce inequality by setting high-road standards for federal contractors, closing tax loopholes for the rich, canceling student debt, cracking down on price-gougers, and building worker power.
Enterprises that tolerate huge pay gaps “succeed” not by empowering employees, but by building and wielding monopoly power.
As corporations blow record sums repurchasing their stock to inflate CEO pay, Congress is advancing a tax aimed at curbing this harmful practice.