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5 Charts on Our Broken CEO Pay and Corporate Tax Systems
Want to know just how bad the problems of corporate tax dodging and excessive executive pay have gotten? In a new report, the Institute for Policy Studies and Americans for Tax Fairness analyze...
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A Fair Tax Agenda for Wall Street
The following is written testimony prepared for a June 12, 2024 Senate Budget Committee hearing on “Making Wall Street Pay Its Fair Share: Raising Revenue, Strengthening Our Economy.” Thank you,...
View ArticleU.S. CEOs Are Bequeathing Us a Frightfully Unequal Future
The post U.S. CEOs Are Bequeathing Us a Frightfully Unequal Future appeared first on Inequality.org.
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Progressive Democrats Call for Stronger CHIPS Subsidy Guardrails to Prevent...
The 2022 CHIPS and Science Act created a huge opportunity to boost domestic production of the semiconductors that power everything from refrigerators and trains to whatever electronic device you’re...
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Maximizing CHIPS Subsidy Benefits for Workers — Not CEOs
The 2022 CHIPS and Science Act represents a huge opportunity to both bolster domestic semiconductor production and encourage more equitable and sustainable corporate practices. This new report by the...
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Tax ‘Two-fers’ That Raise Revenue and Encourage Good Corporate Behavior
After the 2008 financial meltdown, the U.S. unemployment rate and median household income did not return to pre-crisis levels for many years. Since that national tragedy, Congress and regulators have...
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The Low-Wage Corporations That Blew Half a Trillion Dollars to Inflate CEO Pay
The Lowe’s home improvement store spent $43 billion on stock buybacks over the past five years. With that sum, the big box chain could’ve given each of its 285,000 employees a $30,000 bonus every year...
View ArticleLow Wage Work Isn’t Just Bad for Employees — It Hurts Customers, Too
I’ve always felt that working in customer-facing jobs is my calling. I’m passionate about making people feel comfortable when they enter a business, be it a retail store or a restaurant. But it was...
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Hotel CEOs Prioritize Their Own Paychecks, Not Improvements for Their...
Labor disputes are continuing to rage between unionized hotel workers and the bosses at three major chains: Marriott, Hilton, and Hyatt. Over Labor Day weekend, more than 10,000 UNITE HERE members went...
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Lawmakers Target Corporations Paying Executives More than Uncle Sam
Senator Elizabeth Warren, Rep. Greg Casar, and 14 other members of Congress recently sent letters to 35 companies that have been paying their top five executives more than they’re paying in federal...
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