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General News    H1'ed 8/31/19

CEO Salaries Have Spiked 940 Percent Since the 1970s

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He added:

"We need an economy and a government that works for all of us, not just the top one percent. That means, among other things, raising the minimum wage to at least $15 an hour, making it easier for workers to join unions, guaranteeing healthcare as a right, and demanding that the wealthiest people and most profitable corporations pay their fair share of taxes."

Last year, Sanders introduced the "Stop Bad Employers by Zeroing Out Subsidies (BEZOS) Act," intending to require employers with at least 500 employees to reimburse the government for the food stamps, public housing, Medicaid, and other federal assistance their workers receive.

If elected president, Sanders' plan to combat the obscene inequality the EPI study evinces includes, according to his campaign website:

  • Passing the "For the 99.8 Percent Act," establishing a progressive estate tax on multi-millionaire and billionaire inheritances.
  • Eliminating offshore tax scams via the "Corporate Tax Dodging Prevention Act."
  • Taxing Wall Street speculators with the "Inclusive Prosperity Act."
  • Eliminating the Social Security payroll tax income cap through the "Social Security Expansion Act" so millionaires and billionaires will be required to pay more into the system.
  • Ending special tax breaks on capital gains and dividends for the top 1%.
  • Substantially increasing the top marginal tax rate on income above $10 million.
  • Closing tax loopholes that benefit the wealthy and large corporations.

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Ted Millar is a writer and teacher. His work has been in featured in myriad literary journals, including Straight Forward Poetry, Better Than Starbucks, the Broke Bohemian, Caesura, Circle Show, Cactus Heart, Third Wednesday, and The Voices (more...)
 

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