New Report Exposes Extreme Disparity in the Social Security Debate
Compared with ordinary Americans, CEOs pushing cuts have little to lose. CEO-backed cuts would reduce retirement benefits for a typical home care worker by almost 16 percent.
Compared with ordinary Americans, CEOs pushing cuts have little to lose. CEO-backed cuts would reduce retirement benefits for a typical home care worker by almost 16 percent.
How benefit cuts would impact health industry CEOs versus home health aides.
This report analyzes the retirement policies of the U.S. corporations leading the “Fix the Debt” campaign, which is calling for reduced spending on senior citizens’ benefits as part of a deal on the national debt.
Lots of office-seekers this fall are campaigning against the 1 percent, but will they govern that way?
“Our report details how taxpayers are in effect rewarding corporate executives for gaming the tax system,” says co-author Scott Klinger. “The tax code has become a prime enabler of bloated CEO pay.”
While foreclosures have devastated the financial security of millions of American families, the CEOs of Wells Fargo and Bank of America have seen their retirement packages balloon.
Astronomic compensation remains the norm on Wall Street.
Whether they manage football pageants or Ford Motor Co., these guys remind us how much needs to change, economically and politically, in 2012 and beyond.
Sarah Anderson, a co-author of 18 annual IPS “Executive Excess” reports, will speak at this conference on CEO pay reforms in the Dodd-Frank legislation, along with other academic, labor, and financial industry experts.
Shareholders should reward CEOs for building better products or delivering better services, not for accounting gymnastics that game their tax bills down.
A troubling number of U.S. corporations behave as moocher guests at our national cafeteria.
On a press conference call on Wednesday, August 31, report co-authors Chuck Collins and Scott Klinger discuss the 25 CEOs who were paid more in compensation last year than their corporations paid in taxes, as well as other report findings, and answer reporters’ questions about the report.
Corporate tax dodging has gone so out of control that 25 major U.S. corporations paid their CEOs more than they paid the U.S. government in federal income taxes.
A cutting-edge new Web site, from the nation’s labor movement, offers working Americans the information we need to understand CEO pay excess – and the tools we need to fight it.
In California, our CEO pay report has become a bipartisan tool on the campaign trail.