Wednesday, December 2, 2020

Tag: wage inequality

Victory for workers: Connecticut passes legislation raising state’s minimum wage to...

Connecticut now joins New Jersey, Illinois and Maryland by passing a bill to raise the minimum wage to $15 an hour by 2023.

Paycheck Fairness Act passes in the House

Seven Republicans voted with Democrats to close the wage gap and amend the Equal Pay Act and Fair Labor Standards Act.

A bold new idea to boost wages

I’m talking about expanding something called the Earned Income Tax Credit, or EITC. And although it’s been around for decades, it can be the basis of a revolutionary change in the lives of millions of people.

Executive excess: How taxpayers subsidize giant corporate pay gaps

More than two-thirds of the top federal contractors and corporate subsidy recipients paid their CEO more than 100 times their median worker pay in 2017.

Taxpayers are subsidizing corporations that pay CEOs hundreds of times more...

Author says the findings should fuel the movement to "use the power of the public purse to crack down on corporations that refuse to share the wealth."

Why do corporate boards so overpay US CEOs?

Corporate boards simply play by market rules. If they don’t, they risk losing their executive talent.

Why wages are going nowhere

The combination of high corporate profits and growing corporate political power has created a vicious cycle.

Disneyland Resort becomes one of the highest minimum wages in country...

The minimum wage increase comes after four labor unions representing employees pressured Disneyland Resort for months.

Sanders hosts ‘CEOs vs. Workers’ town hall to take on ‘extravagant’...

Join Bernie Sanders, along with workers from Amazon, Disney, McDonald’s, American Airlines and Walmart, for a town hall tonight at 7 p.m.

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Major US bank promises not to fund Arctic drilling

“Nearly 30 major banks around the world (now including all 6 major U.S. banks!) have concluded that funding new Arctic drilling is far too risky and bad for business.”

Inequality gone viral: The obscene numbers

Something has to be done to heal the rupture in the sickened body of our nation.

Some liberals and arms-control experts are cheering for war profiteers to be in Biden’s...

Many progressive activists and organizations have mobilized since the election to offer well-documented opposition to highly dubious potential members of the Biden Cabinet.

Election, legal disasters, surging Covid cases, economy stumbling: Just “too much winning”

Major irony: the perceived, 2016 “change” candidate was and is utterly incapable of change.

Police officer placed on leave after hitting bystander on video

Livestreaming a video of an arrest where a police officer's use of force leads to his arrest.