“It is unjust and unacceptable that the CEOs of major corporations are making an average of 287 times more than their average worker.” Sen. Bernie Sanders, D-Vt., wants to tackle income inequality and to do ...
The start of the World Economic Forum coincides with a new Oxfam report on global income inequality, which found that the richest 1% now hold more wealth than 6.9 billion people. Climate change and extreme ...
Abigail Disney testified in support of a California state senate bill to tax large CEO-worker pay gaps before the committee voted to advance the proposal. (By Sarah Anderson, Inequality.org) A bill to raise taxes on ...
In the two years since Congress passed the Republican tax law, the richest 1 percent have been the big winners. (By Frank Clemente, Inequality.org) Republicans repeatedly promised in 2017 that their proposed tax cuts for ...
Bloomberg’s entry reflects a growing fear among billionaires that Sen. Elizabeth Warren or Sen. Bernie Sanders will win the Democratic primary and enact higher taxes if elected president. The New York Times reported on Friday ...
“In the U.S. in 2017, around 17% of children lived in food-insecure homes where at least one family member was unable to acquire adequate food due to insufficient money or other resources.” A New Jersey ...
“CEOs are getting more because of their power to set pay, not because they are increasing productivity or possess specific, high-demand skills.” A new study from the Economic Policy Institute (EPI) found that average CEO ...
“The survey showed that it would take 158 years for the typical worker at most big companies to make what their CEOs did in 2018, seven years longer than if both were still at 2017 ...
Wealth inequality is gearing up to be a major issue in the 2020 election and one possible solution growing in popularity is the idea of employee ownership. Presidential hopefuls including Sen. Elizabeth Warren (D-Mass.), Sen. ...
Shortly after his election, President Donald Trump thanked Harley-Davidson and several major companies “for building things in America.” Then last February, Harley-Davidson turned around and closed a factory, cut up to 800 jobs, increased dividends ...