In the News
The Retirement Gap Is Huge, but You Can Do Something About It
In the U.S., 100 executives have more in their collective retirement accounts than the combined savings of the bottom 41% of all wage earners. With a whopping $4.7 billion in assets,…
Wealth Divides: An Interactive Income Inequality Map
The widening gap between those at the top and bottom of the United States’ socio-economic ladder has been a prominent topic of political and public discourse in recent years, raising…
Shareholders Seek Company Support on Living Wage
Investors including Trillium Asset Management and Zevin Asset Management are calling on U.S. companies to help the fight against income inequality, amid concerns the Trump White House won’t support lifting…
The Scandal of Vast Inequality in Retirement Pay
Cato the Elder, a Roman senator and historian, once remarked: “Cessation of work is not accompanied by cessation of expenses.” For centuries, retirees have been aware of this unfortunate fact,…
Black Lives Matter launches site to support black businesses across the country
Black Lives Matter (BLM) just launched a database of black businesses to support, with the goal of “[building] long-term economic power for Black communities.” On Monday, the organization unveiled backingblackbusiness.com,…
Report finds wealth gap continues into retirement
We hear a lot about the income gap between top executives and workers, and it turns out that gap continues after retirement, too. The Institute for Policy Studies reports the…
These 100 CEOs have more retirement savings than 41% of American households combined
The 100 American CEOs with the biggest company retirement funds have $4.7 billion in those accounts — which is roughly equivalent to the retirement savings of the bottom 116 million…
Donations from a wealthy few may cost us dear
hen we learned recently that Brits lead the way in Europe for charitable generosity despite being steeped in years of cuts, austerity and rising inequality, it was a welcome piece…
Report finds wealth gap continues into retirement
We hear a lot about the income gap between top executives and workers, and it turns out that gap continues after retirement, too. The Institute for Policy Studies reports the…
CEOs can expect $253,088 in monthly retirement income: Retirement Scan
A report from the Institute for Policy Studies shows a wide gap between the retirement packages received by CEOs and the benefits that ordinary people get after they retire, according…
A Mere 100 CEOs Have Retirement Money Equal to That of 41 Percent of US Population
On Thursday evening, the Institute for Policy Studies (IPS) released a report that concluded that just 100 of the wealthiest CEOs have amassed retirement funds equal to a little more than 40…
CEOs to get huge windfall under Trump’s tax cuts
Chief executive officers are poised to collect an additional retirement windfall if President-elect Donald Trump succeeds in cutting the taxes of the highest US earners, according to a new study.…
Donald Trump’s Tax Cuts Could Save Fortune 500 CEOs Millions of Dollars
President-elect Donald Trump’s proposed tax cuts will save Fortune 500 CEOs hundreds of millions of dollars for their retirements, according to a new study. A report by the Institute for…
CEOs’ Retirement Stashes Seen Flourishing Under Trump Tax Cuts
Chief executive officers are poised to collect an additional retirement windfall if President-elect Donald Trump succeeds in cutting the taxes of the highest U.S. earners, according to a new study.…
100 CEOs Have the Retirement Savings of 116 Million Americans
President Barack Obama has called runaway income inequality the “defining issue of our time.” The disparity between exploding corporate profits and stagnating paychecks fueled Bernie Sanders’ presidential campaign and continues…
CEOs’ retirement stashes seen flourishing under Trump tax cuts
Chief executive officers are poised to collect an additional retirement windfall if President-elect Donald Trump succeeds in cutting the taxes of the highest U.S. earners, according to a new study.…
INSIDE CEO RETIREMENT PLANS
A new report from the Institute for Policy Studies delves into the world of CEO retirement funds and tries to give some perspective to the lavish payouts. The top 100…
Trump tax cut to magnify CEOs’ retirement bonanza
Chief executive officers are poised to collect an additional retirement windfall if President-elect Donald Trump succeeds in cutting the taxes of the highest US earners, according to a new study.…
100 CEOs Have as Much Retirement Savings as 116 Million Americans
While many Americans are facing a “frightening retirement reality,” 100 CEOs are looking at “colossal nest eggs” and can look forward to monthly retirement checks of over $250,000 for the…
Open thread for night owls: 100 CEOs’ retirement plans equal entire savings of 41% of U.S. families
In a report released late Thursday—A Tale of Two Retirements—the Institute for Policy Studies demonstrates how inequality follows us into right into our golden years, or as the subtitle states: “As…
Pulling the lever for doomsday: How Donald Trump changed everything
I didn’t vote in the pivotal American election of 2016. Thirty-five years ago, in that unseasonably warm month of November, I was in Antarctica’s Allan Hills taking ice core samples…
CEOs’ Retirement Stashes Seen Flourishing Under Trump Tax Cuts
Chief executive officers are poised to collect an additional retirement windfall if President-elect Donald Trump succeeds in cutting the taxes of the highest U.S. earners, according to a new study.…
Can a Tax Make High CEO Pay Go Away?
Last week, a new front emerged in the campaign against high executive pay. Portland, Ore., became the first jurisdiction in the U.S. to require publicly traded corporations to pay a…
$253,088 monthly in retirement? That’s what’s coming for some CEOs
One hundred U.S. CEOs have company retirement funds collectively worth $4.7 billion, a total equal to the retirement savings of the 41% of U.S. families with the smallest reserves for their golden…
Will Shareholders Get Money’s Worth As Oil Giants Link Executive Pay to Climate Results?
Money talks. That’s why one key element in the battle against climate change must be aligning the financial compensation of executives to tangible corporate efforts to decarbonize. Better aligning incentives…
Fortnightly links: inequality, Nicaragua, coconuts, Radi-Aid awards, Syria, and more
On Wednesday, UN Secretary-General Ban Ki-Moon briefed the Security Council on the fall of Aleppo and ensuing atrocities. According to a Guardian correspondent interviewed by the ABC, it was Iranian influence…
Existe fuerte corriente para evitar que Trump sea ratificado
Sin embargo existe una treintena de electores que no estarían dispuestos a votar por Trump. Por considerarlo no apto para ejercer esa investidura. Las leyes de varios estados permiten que…
With New Tax, Portland Fires Opening Shot in Battle Against Extreme CEO Pay
The city of Portland, Oregon on Wednesday took a bold step towards addressing the national scourge of extreme pay inequality with the passage of a landmark tax penalty to be…
Meet the Guy Corralling Billionaires to Fight Inequality
In 1986, at the age of 26, Chuck Collins, the great-grandson of meatpacking giant Oscar Mayer, gave away his trust fund. He was working on forming community land trusts for…
