Yes, We Actually Can Do Something About CEO Pay
Americans across the political spectrum are rightly fed up with overpaid CEOs. But many also feel there’s nothing we can do about this problem. That’s where they’re wrong. People can use their power...
View ArticleSick of Outrageously Excessive CEO Compensation?
The post Sick of Outrageously Excessive CEO Compensation? appeared first on Inequality.org.
View ArticleScraping Away the Anti-Worker, Anti-Racial Equity Vestiges of the Reagan Era
Ronald Reagan left highly visible marks on our capital city. The president who believed trees cause pollution now has his name carved into an edifice housing EPA offices. The infamous buster of the air...
View Article10 Victories for the Working Class in 2023
Looking for something positive to celebrate on New Year’s Eve? Consider lifting a glass to the hardworking people behind these inspiring victories of 2023. 1. The ‘Year of the Strike’ More than half a...
View Article6 Takeaways from the Court Decision to Void Elon Musk’s Compensation
A Delaware state court judge has thrown out the 2018 pay package that helped make Tesla CEO Elon Musk one of the richest people in the world. A Tesla shareholder brought the suit, claiming the...
View ArticleSome New Hope for a Check on CEO Compensation
The post Some New Hope for a Check on CEO Compensation appeared first on Inequality.org.
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Will Corporate Lobbyists Steamroll Stock Buyback Regulations?
The corporate flacks over at the U.S. Chamber of Commerce are clearly fretting about the growing movement to crack down on stock buybacks – and for good reason. For years now, public outrage has been...
View ArticleA Fresh Approach to Limiting CEO Pay — and Saving Our Environment
We can cite many reasons for opposing large discrepancies in pay within enterprises, everything from the depressing impact of these discrepancies on employee morale to diminished firm productivity and...
View ArticleCorporations That Pay Their Executives More Than Uncle Sam
Corporate tax dodging and CEO pay have both gotten so far out of control that a significant number of major U.S. companies are paying their top executives more than they’re paying Uncle Sam. Tesla is...
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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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