Sunday, November 24, 2024

Tag: wage gap

Billionaire wealth surges by $276 billion post-Trump election as GOP pushes...

U.S. billionaires amass $276 billion in post-election wealth surge as GOP pushes for $2.7 trillion estate tax repeal favoring the ultra-wealthy.

Sanders and Omar lead congressional push for Global Wealth Tax as...

This initiative, led by Brazil, aims to address the glaring disparities in global wealth distribution and strengthen efforts to achieve tax fairness.

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.

Busting the ‘paid what you’re worth’ myth

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.

Median pay of top US CEOs jumped to record $22.3 million...

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

Imagine a world where CEOs get paid $3 million a year

Being a well-paid CEO means something very different today than it did fifty years ago.

From France, an unexpected call for a ceiling on CEO pay

Our modern societies, top French politicos fear, just might ‘explode’ without one.

Analysis shows top US CEOs made 254 times more than median...

A higher minimum wage and unions can put corporate greed in check and raise wages throughout the labor market."

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Sierra Club sounds alarm, nominee Lee Zeldin ‘unqualified’ to head EPA

“The best-case scenario is that the EPA will lose four years in the fight for the planet. The worst-case scenario should send a shudder down your spine.”

House passes bill granting Treasury power to shut down nonprofits without evidence, sparking free...

Legislation dubbed the “nonprofit killer” faces backlash over potential threats to free speech and civil liberties.

143 million Americans may be exposed to toxic ‘forever chemicals’ in drinking water

Millions of Americans face exposure to toxic PFAS chemicals in drinking water, with new EPA data revealing the extent of contamination and fears of regulatory rollbacks under a Trump administration.

David Huitema confirmed as ethics Czar amid fears of Trump’s return and conflict of...

As Trump’s second term looms, the Senate confirmed David Huitema to lead the Office of Government Ethics. Advocates praise the move, but critics warn of a tough road ahead for government accountability.

Musk and Ramaswamy’s DOGE: Mass firings, deregulation, and the erosion of federal protections

Critics argue that these plans will erode social safety nets, undermine public services, and disproportionately benefit corporate interests.