CovOps
Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: Thieving Sanders unveils plan to tax companies with high-earning CEOs Mon Sep 30, 2019 7:39 pm | |
| Bernie Sanders has a new plan to reduce the widening gap between the rich and poor. The presidential candidate and decadeslong crusader against income inequality unveiled a proposal Monday to raise taxes on businesses whose CEOs make at least 50 times more than their median workers.
The boost in corporate taxes would be imposed on companies that bring in $100 million or more in annual revenue. “The American people are sick and tired of corporate CEOs who now make 300 times more than their average employees, while they give themselves huge bonuses and cut back on the health care and pension benefits of their employees,” Sanders said in a statement. “It is time to send a message to corporate America: If you do not end your greed and corruption, we will end it for you.” According to government data released this month, income inequality in the U.S. is at its highest point in at least 50 years. Sanders also introduced a wealth tax plan last week in hopes of lessening the nation’s divide in fortunes. His presidential primary opponent Sen. Elizabeth Warren proposed a wealth tax early this year. Both candidates have expressed support for wealth taxes before this year.
https://www.politico.com/story/2019/09/30/bernie-sanders-tax-companies-2020-1518381
|
|