From Support Bernie's bill via Our Revolution <[email protected]>
Subject Add your name: Bernie's bill would tax corporations for outrageous CEO pay
Date February 9, 2024 6:16 PM
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John,

Bernie just introduced a bill to tax corporations who pay their CEOs more
than 50 times the median worker at the company. Because, in America today,
look at how ridiculous these disparities are:

[ [link removed] ][IMG]

At Coca-Cola, while the average employee is doing the work that makes the
corporation its profits, the CEO is in his giant office, counting his
bonus, and making nearly 2000x the amount of that worker. James Quincy at
Coca-Cola is making $22,822,519 per year while the median worker makes a
little over $12,000 per year. As Bernie said, that’s outrageous!

Bernie’s bill would either punish corporations with a higher tax bill or
force them to raise the pay of their workers. It’s a win-win and we need
to stand with Bernie to build support for his legislation.

[ [link removed] ]Add your name to Bernie’s Tax Excessive CEO Pay Act!

[ [link removed] ]ADD YOUR NAME

Millionaires and billionaires don’t need higher salaries. Workers need
better pay so they can afford rent, mortgages, daycare, groceries,
medications, and more.

“The American people understand that today we are moving toward an
oligarchic form of society where the very rich are doing phenomenally
well, while working families continue to struggle to put a roof over their
heads, feed their families, and pay for the basic necessities of life,”
Bernie said upon introducing the bill aimed at closing the wealth
inequality gap in America.

If the Tax Excessive CEO Pay Act had been in effect in 2022, JP Morgan
Chase would’ve been forced to pay an extra $1.04 billion in taxes or
massively close the pay gap between CEO Jamie Dimon (compensation:
$34,848,606) and the median worker at Chase. Google would’ve had to pay an
extra $3.07 billion in taxes.

This is an important piece of legislation that addresses corporate greed,
runaway wealth in America, billionaire power, and workers left behind by
an unfair system. We need to build support for Bernie’s bill today:

[ [link removed] ]Sign on today to urge Congress to pass Bernie’s bill to tackle
outrageous CEO pay and wealth inequality in America.

When we organize, we win.

Our Revolution


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