More For The Few, Less For The Many: How Little Known Laws Allow CEO Pay To Skyrocket

This week Senator Cory Booker (D-NJ) introduced a bill to force corporations to do with the Trump tax cuts what Trump promised they would: share the bounty with the common worker. Instead, executives of the corporations have done what they have always done in recent years and benefited shareholders; the increased stock buybacks mainly benefit the wealthy class. As of 2013, the top 1 percent of households by wealth owned nearly 38 percent of all stock shares. The question now is will such disclosures have any effect on causing corporations to moderate CEO greed, so a little more is shared with employees."