From Rashida Tlaib <[email protected]>
Subject The CEO-to-worker pay ratio is 320-to-1. This bill will change that.
Date April 25, 2021 5:36 PM
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[1]Justice Democrats


Become a grassroots co-signer of the Tax Excessive CEO Pay Act to raise
workers’ wages and ensure wealthy corporations are paying their fair
share.

[ [link removed] ]Add Your Name



John,



Did you know that the U.S. has added 50 new billionaires during the
pandemic?^1 All while millions more people have fallen into poverty and
millions more have lost work and income.

But, while the pandemic has exposed and worsened income and wealth
inequality, wage suppression has been going on for decades.

In the past 40 years, average workers’ pay rose by just 13%, while average
CEO pay grew by more than 1,000%.

Today, the CEO-to-worker pay ratio sits at 320-to-1, a dramatic increase
from 21-to-1 in 1965.^2 But there’s something we can do!

Along with my colleague Representative Barbara Lee, I’ve introduced the
Tax Excessive CEO Pay Act in the U.S. House to tax big corporations that
pay their CEOs and other top executives at least 50 times more than they
pay an average worker.

[ [link removed] ]Can you become a grassroots co-signer of the Tax Excessive CEO Pay Act
today to incentivize corporations to pay their workers a higher wage?

Sign Now

As Representative Lee said upon the introduction of this critical bill:

“As millions of families struggle to keep food on the table during a
global pandemic and economic crisis, it is more important than ever that
we close the CEO-worker pay gap and ensure that companies pay their
workers the wages they deserve.”

The bill would raise an estimated $150 billion over 10 years that could be
used to reduce racial, gender, and economic inequality. And it would only
impact U.S. corporations with average annual sales for the three preceding
years of at least $100 million.^3

[ [link removed] ]Become a grassroots co-signer of the Tax Excessive CEO Pay Act today to
level the playing field for working people and ensure large wealthy
corporations are paying their fair share.

Thank you for fighting by my side for an economy that works for all of us.

Rep. Rashida Tlaib

1 - [ [link removed] ]Americans for Tax Fairness
2 - [ [link removed] ]Economic Policy Institute
3 - [ [link removed] ]Bernie Sanders' Income Inequality Tax Plan

Do not worry if you cannot afford to make a contribution — we understand that
this is a difficult time. If you’re struggling, you can find a food bank
[ [link removed] ]here. We appreciate everything you do to keep our movement strong.

Please stay informed and follow the most up-to-date recommendations from the
[ [link removed] ]Centers for Disease Control and your state public health department.


 




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