'Corporate Greed at Its Ugliest':
These 100 Companies Pay CEOs Over 600x What the Workers Get
Institute for Policy Studies (IPS) report, Executive Excess 2025".
"At a time when many American workers are struggling with high costs for groceries and housing, the nation's largest low-wage employers are fixated on making their overpaid CEOs even richer," said the author of a new report.
Congress should pass the Curtailing Executive Overcompensation (CEO) Act, which would apply an excise tax to companies with CEO-to-worker pay ratios exceeding 50-to-1, or the Tax Excessive CEO Pay Act, said the group.
"A May 2024 survey suggests that such taxes would be enormously popular," reads the report. "Overall, 80% of likely voters favor a tax hike on corporations that pay their CEOs over 50 or more times more than what they pay their median employees. Large majorities in every political group support this approach: some 89% of Democrats, 77% of independents, and 71% of Republicans. In swing states, 83% of likely voters give this proposal a thumbs up."
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