Tag: wage gap
Billionaire wealth surges by $276 billion post-Trump election as GOP pushes...
U.S. billionaires amass $276 billion in post-election wealth surge as GOP pushes for $2.7 trillion estate tax repeal favoring the ultra-wealthy.
Sanders and Omar lead congressional push for Global Wealth Tax as...
This initiative, led by Brazil, aims to address the glaring disparities in global wealth distribution and strengthen efforts to achieve tax fairness.
Corporations that pay their executives more than Uncle Sam
Tesla, Ford, Netflix, and T-Mobile are among scores of profitable U.S. firms that pay their top executives more than they pay in federal taxes.
200-to-1: Gap between CEOs and workers grew even wider in 2023,...
Despite inflationary pressures, CEO compensation in the S&P 500 soared nearly 13% in 2023, further widening the pay gap with average workers.
California’s $20 minimum wage for fast food workers goes into effect:...
Fast food workers at establishments with at least 60 locations nationwide will see their wages increase to $20 an hour, a substantial uplift from the federal minimum wage of $7.25.
Busting the ‘paid what you’re worth’ myth
It is distorting our politics, rigging our markets, and granting unprecedented power to a handful of people while millions of Americans struggle to get by.
Median pay of top US CEOs jumped to record $22.3 million...
Analysis has shown companies have used inflation as an excuse to unnecessarily raise prices and have pocketed the increased profits.
Imagine a world where CEOs get paid $3 million a year
Being a well-paid CEO means something very different today than it did fifty years ago.
From France, an unexpected call for a ceiling on CEO pay
Our modern societies, top French politicos fear, just might ‘explode’ without one.
Analysis shows top US CEOs made 254 times more than median...
A higher minimum wage and unions can put corporate greed in check and raise wages throughout the labor market."
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How a decades-old loophole lets billionaires avoid Medicare taxes
In theory, everyone is required to contribute to the country’s health insurance program for seniors, no matter how poor or rich, from cashiers to CEOs.
Seaweed supplements for grazing cattle: A breakthrough in methane emission reduction
New study reveals feeding grazing cattle seaweed reduces methane emissions by 40 percent, offering a sustainable solution to agriculture’s climate impact.
Bernie Sanders condemns CEO killing, calls US health care system ‘broken and cruel’
The killing of UnitedHealthcare’s CEO has reignited calls for Medicare for All, highlighting public outrage at the U.S. health care system’s inequities and inefficiencies.
Elizabeth Warren’s Accountable Capitalism Act: A push for corporate accountability and worker rights
Senator Elizabeth Warren introduced the Accountable Capitalism Act this week, aiming to shift corporate priorities from shareholder profits to equitable treatment of workers and other stakeholders.
$883.7 billion NDAA passed amid Pentagon audit failures and controversial policies
Congress approves $883.7 billion defense budget despite Pentagon’s audit failures and criticism over waste, cultural policies, and misplaced spending priorities.