Sanders, Lee, and Tlaib Lead Effort to Tax Huge CEO-Worker Pay Gaps
Sarah Anderson | commondreams.org | 2019-11-14
A recent IPS report finds that 80 percent of S&P 500 firms last year paid their CEO over 100 times their median employee pay. At 50 publicly held firms, workers would have to toil at least 1,000 years to make as much as their boss made in just one. (Photo collage: Getty Images) | www.commondreams.org/sites/default/files/styles/cd_special_coverage/public/views-article/thumbs/pay_gap_inequality.jpg …
Bernie introduces tax excessive CEO pay act
Andrew Emett | nationofchange.org | 2019-11-14
"Corporate greed is a disease that has long inflicted this country — income inequality and the pay gap between CEOs and their employees are just two of its symptoms that are harming everyday people."
Robert Reich: Billionaires Don't Actually Like Capitalism
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Robert Reich | truthdig.com | 2019-11-14
Billionaires are wailing that Elizabeth Warren's and Bernie Sanders's wealth tax proposals are attacks on free market capitalism. | Warren "vilifies successful people," says Jamie Dimon, CEO of JPMorgan Chase. | Rubbish. There are basically only five ways to accumulate a billion dollars, and none of them has to do with being successful in free market capitalism. | Related Articles:
Who Really Benefits From a Trump Tax Break for the Poor?
Staff | truthdig.com | 2019-11-14
The president overhauled the tax code in 2017, and a pair of wealthy Republican donors in West Palm Beach have been reaping the rewards.
Warren Suggests Corporate Media Ask Working People, Not Just the Very Rich, About Her Wealth Tax
Julia Conley, staff writer | commondreams.org | 2019-11-14
Sen. Elizabeth Warren called out the news media on Wednesday evening for focusing coverage of her proposed Ultra-Millionaires Tax largely on wealthy CEOs' and investors' negative views of the plan—rather than those of the working families she says would benefit from its redistribution of wealth. | www.commondreams.org/sites/default/files/styles/cd_special_coverage/public/headline/thumbs/gettyimages-11821927312.jpg …
FAO: Hunger Rises in Latin America, Affects 42.5 Million People
telesurenglish.net | 2019-11-13
Hunger in Latin America increased in 2018 and affected 42.5 million people, 6.5 percent of the region's population, where food insecurity also spread and where obesity continues to be a critical problem, the United Nations Food and Agriculture Organization (FAO) warned this Tuesday. | RELATED: | Rural Colombia and Central America Facing Hunger and Poverty | The 42.5 million Latin Americans who suffered from hunger in 2018 signified an increase of 4.5 million over the 38 milli…
Under Pressure From Left, New Jersey Democrats Back Off Vote to Gut Minimum Wage Law
Akela Lacy | theintercept.com | 2019-11-13
After passing a $15 minimum wage, Democrats are pushing a bill that would suspend scheduled wage increases based on changes in unemployment or retail sales.
SPLC Response to Union Petition
splcenter.org | 2019-11-12
On November 7, 2019, the Southern Poverty Law Center received a notice from the National Labor Relations Board that the Washington-Baltimore Newspaper Guild seeks to represent certain employees through the formation of a union.
Multi-Millionaire Nancy Pelosi warns "Fellow Leftists": Medicare for All is a Very Bad Idea
Alan Macleod | mintpressnews.com | 2019-11-06
Pelosi's objections to progressive legislation like a wealth tax or Medicare for All are based not on pragmatic concerns about losing votes (quite the opposite appears to be true) but have more to do with her position as one of America's richest people.
The Urban Institute Report Did Not Score Medicare for All
Matt Bruenig | peoplespolicyproject.org | 2019-10-16
The Urban Institute and The Commonwealth Fund put out a report today that provided cost estimates for 8 different health care reforms. One of those eight reforms, which is called "Single Payer Enhanced," describes a comprehensive, no-cost-sharing, national health plan similar to Medicare for All (M4A). However, the Urban plan uses hospital reimbursement rates that are 15 percent higher than the rates in the M4A legislation, meaning that its cost estimates are much…