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:
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.
Add your name to Bernie’s Tax Excessive CEO Pay Act!
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:
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
