Bernie Sanders Unveils Tax Plan To Punish Egregious 287X CEO-Worker Pay Gap

Bernie Sanders Unveils Tax Plan To Punish Egregious 287X CEO-Worker Pay Gap

Via Bernie Sanders In the 1950s, CEOs made 20 times more than their median employees. Last year, the average S&P 500 CEO made 287 times their median worker pay. Workers in this country should not be paid totally inadequate wages while CEOs make outrageously high compensation packages. Bernie’s Income Inequality Tax Plan raises taxes on companies with exorbitant pay gaps between their executives and typical workers. Today, the SEC requires companies to disclose their CEO-to-median-wo
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8 thoughts on “Bernie Sanders Unveils Tax Plan To Punish Egregious 287X CEO-Worker Pay Gap

  1. Unclear how effective this plan would be in practice (I tend to think it would be a net positive), but it’s certainly not a pieceof bureaucracy that adds to costs via compliance monitoring etc. In reality, this plan would boost corporate profits if executive comp comes down, or be good for the economy if worker compensation came up.

    1. It’s funny too, I saw a Twitter reply that said: “Good thing this loon will never be president”.

      And I’m thinking: “What do you think the chances of that particular tweeter being a CEO are?”

      Obviously zero. Americans have been so indoctrinated that they vote/speak/act against their own self-interest in a mindless allegiance to a version of capitalism that looks a lot more like kleptocracy/serfdom than it does “healthy, market-based economy”

      1. Just look at the baby boomers working themselves into disability with no pathway for the career longevity required to fully fund even a sparse retirement. How could you muster the painful day in and day out grind without some type of delusion.

        It is similar stockholm syndrome. They are captives to the system, and they support their captors. The future may be bleak with millions of people unable to work anymore limping along with a paucity of income and still voting against the interests of workers.

  2. The biggest core problem is the ceo’s of walmart and home depo like companies that exploit low end people in poverty. Lots of states are looking at raising min wages — but then the ceo’s just increase prices for goods to offset the loss in their pockets, as such, that loss to ceo’s exploiting workers should become a penalty attached to ceo compensation. The plantation mentality of paying workers less and less while ceo’s make more and more is a destructive economic function that impacts gdp and future value — consolidating profits into the hands of a few does not stimulate growth!

  3. Bernie has been winning the war of ideas for some time now. It it prevails, one wonders how the people in power recently will avoid going down in history as the toadies of the Coolidges and Hoovers of this century.

  4. Since CEO’s get huge bundles of stock during their tenure could companies get around Bernies CEO tax via stock price manipulation?

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