Tag: wage inequality

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

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

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.

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.

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.

Despite inflationary pressures, CEO compensation in the S&P 500 soared nearly 13% in 2023, further widening the pay gap with average workers.

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

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.

Analysis has shown companies have used inflation as an excuse to unnecessarily raise prices and have pocketed the increased profits.