ll across the political spectrum, Americans are feeling outraged about the huge gaps between what corporations pay their CEOs and what they pay their workers.
In fact, one poll shows that a majority of Democrats and Republicans want to see a cap on the CEO-worker pay divide.
But this outrage hasn’t had any effect on how our government spends our tax dollars. Every year, billions flow into corporations that pay their top execs more in a year than their workers could make in a lifetime.
In this video, I share the findings of a new Institute for Policy Studies report looking at the federal government’s top 50 contractors and top 50 subsidy recipients. What did I find? In 2017, more than two-thirds of these firms paid their CEO more than 100 times their median worker pay.