Thursday, May 15, 2025

Tag: wage inequality

New Year minimum wage hikes hopeful to boost consumer spending, strengthen...

In 2025, 15 states plus Washington D.C. have scheduled minimum wage increases to $15 or higher.

Millions who prepare America’s food go hungry: Why food service workers...

Food service workers prepare meals for millions but often can’t afford to eat themselves, facing low wages, food insecurity, and corporate resistance to change.

Trump’s tax plan: More wealth for the rich, less for working...

New report reveals the potential impacts of corporate tax cuts on income inequality, with wealthy Americans benefiting while the bottom half suffers.

CEO pay soars 1,085% since 1978, workers’ pay stagnates

This widening gap reflects a troubling trend in the U.S. economy, where wealth continues to concentrate at the top, leaving ordinary workers behind.

Low-wage corporations spend over half a trillion on stock buybacks while...

A new report reveals that the largest U.S. corporations, notorious for paying poverty-level wages, have spent more than $522 billion on stock buybacks since 2019. This practice enriches wealthy executives and shareholders while leaving workers behind.

Essential jobs and public school teachers in the US fail to...

Home health aides, retail salespersons, fast-food workers, and public school teachers are essential to the economy and society, yet their wages fall far short of the cost of living.

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.

The rent crisis: Half of US renters face unprecedented housing affordability...

The study reveals a staggering 50 percent of U.S. renters were dedicating more than 30 percent of their income to cover rent and utilities.

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The MAGA Movement is Jonestown writ large

The reversion to primitivism bears a striking resemblance to the rise of the MAGA movement.

Medicaid on the chopping block: GOP budget advances as disabled protesters cry, ‘You will...

Republicans push deep Medicaid cuts in late-night sessions as disabled protesters are arrested, and millions face the loss of life-saving coverage.

‘This is where kids with cancer are’: Israel bombs Gaza hospitals, kills dozens as...

U.S.-backed Israeli strikes destroy hospitals in Khan Younis, killing patients, staff, and journalists as Gaza’s health system nears total collapse under allegations of war crimes.

Poof! It’s gone

The America we once knew...gone!

Trump-GOP tax bill delivers $5 trillion to billionaires while slashing aid for working families

The legislation extends Trump-era tax breaks for the ultra-wealthy, adds new corporate giveaways, and revives controversial provisions targeting civil society, while gutting Medicaid and SNAP.