• Sanders Unveils Plan to Hike Taxes on Corporations That Pay CEOs 'Hundreds of Times What Their Workers Make'
    https://www.commondreams.org/news/2019/09/30/sanders-unveils-plan-hike-taxes-corporations-pay-ceos-hundreds-times-what-their
    Jake Johnson, staff writer

    Sen. Bernie Sanders on Monday unveiled a proposal to reduce massive disparities between executive and worker pay by hiking taxes on corporations that pay their CEOs dramatically more than median employees.

    "The American people are sick and tired of corporate CEOs who now make 300 times more than their average employees, while they give themselves huge bonuses and cut back on the healthcare and pension benefits of their employees," Sanders, a 2020 Democratic presidential candidate, said in a statement.

    Sanders's plan would impose a tax increase of 0.5 percent on corporations that pay their CEOs between 50 and 100 times more than their median employees. The penalty would increase progressively for companies with larger CEO-worker pay gaps.

    The senator's website outlines the tax penalties under the "Income Inequality Tax Plan," which would apply to private and public corporations with annual revenues of more than $100 million.

    Companies that pay CEOs between 50 and 100 times more than their median employees: +0.5 percent
    Between 100 and 200 times: +1 percent
    Between 200 and 300 times: +2 percent
    Between 300 and 400 times: +3 percent
    Between 400 and 500 times: +4 percent
    More than 500 times: +5 percent

    If the plan were in effect last year, according to the senator's office, Walmart would have paid as much as $790 million more in taxes, McDonald's as much as $110.9 million more, and JPMorgan Chase as much as $991.6 million more.

    "At a time of massive income and wealth inequality, the American people are demanding that large, profitable corporations pay their fair share of taxes," said Sanders. "It is time to send a message to corporate America: If you do not end your greed and corruption, we will end it for you."

    The Sanders campaign said the revenue raised by the plan would be used to finance the senator's proposal to eliminate all $81 billion of medical debt in the United States.

    The plan comes as a new report released Monday by the Institute for Policy Studies (IPS) detailed the "staggering" CEO-worker pay gaps at some of America's largest and most profitable corporations. It also comes just days after the Census Bureau found that U.S. inequality in 2018 reached its highest level in five decades.

    "At the 50 publicly traded U.S. corporations with the widest pay gaps in 2018, the typical employee would have to work at least 1,000 years to earn what their CEO made in just one," IPS found. "Among S&P 500 firms, nearly 80 percent paid their CEO more than 100 times their median worker pay in 2018, and nearly 10 percent had median pay below the poverty line for a family of four."

    Sarah Anderson, project director at IPS and lead author of the new report, said in a statement that a tax penalty of the kind proposed by Sanders would "build on the living wage movement by encouraging corporations to lift up the bottom and bring down the top of their wage scales."

    "Such reforms would also give a boost to small businesses and employee-owned firms and cooperatives that spread their resources more equitably than most large corporate enterprises," said Anderson.
    Sanders Unveils Plan to Hike Taxes on Corporations That Pay CEOs 'Hundreds of Times What Their Workers Make' https://www.commondreams.org/news/2019/09/30/sanders-unveils-plan-hike-taxes-corporations-pay-ceos-hundreds-times-what-their Jake Johnson, staff writer Sen. Bernie Sanders on Monday unveiled a proposal to reduce massive disparities between executive and worker pay by hiking taxes on corporations that pay their CEOs dramatically more than median employees. "The American people are sick and tired of corporate CEOs who now make 300 times more than their average employees, while they give themselves huge bonuses and cut back on the healthcare and pension benefits of their employees," Sanders, a 2020 Democratic presidential candidate, said in a statement. Sanders's plan would impose a tax increase of 0.5 percent on corporations that pay their CEOs between 50 and 100 times more than their median employees. The penalty would increase progressively for companies with larger CEO-worker pay gaps. The senator's website outlines the tax penalties under the "Income Inequality Tax Plan," which would apply to private and public corporations with annual revenues of more than $100 million. Companies that pay CEOs between 50 and 100 times more than their median employees: +0.5 percent Between 100 and 200 times: +1 percent Between 200 and 300 times: +2 percent Between 300 and 400 times: +3 percent Between 400 and 500 times: +4 percent More than 500 times: +5 percent If the plan were in effect last year, according to the senator's office, Walmart would have paid as much as $790 million more in taxes, McDonald's as much as $110.9 million more, and JPMorgan Chase as much as $991.6 million more. "At a time of massive income and wealth inequality, the American people are demanding that large, profitable corporations pay their fair share of taxes," said Sanders. "It is time to send a message to corporate America: If you do not end your greed and corruption, we will end it for you." The Sanders campaign said the revenue raised by the plan would be used to finance the senator's proposal to eliminate all $81 billion of medical debt in the United States. The plan comes as a new report released Monday by the Institute for Policy Studies (IPS) detailed the "staggering" CEO-worker pay gaps at some of America's largest and most profitable corporations. It also comes just days after the Census Bureau found that U.S. inequality in 2018 reached its highest level in five decades. "At the 50 publicly traded U.S. corporations with the widest pay gaps in 2018, the typical employee would have to work at least 1,000 years to earn what their CEO made in just one," IPS found. "Among S&P 500 firms, nearly 80 percent paid their CEO more than 100 times their median worker pay in 2018, and nearly 10 percent had median pay below the poverty line for a family of four." Sarah Anderson, project director at IPS and lead author of the new report, said in a statement that a tax penalty of the kind proposed by Sanders would "build on the living wage movement by encouraging corporations to lift up the bottom and bring down the top of their wage scales." "Such reforms would also give a boost to small businesses and employee-owned firms and cooperatives that spread their resources more equitably than most large corporate enterprises," said Anderson.
    Sanders Unveils Plan to Hike Taxes on Corporations That Pay CEOs 'Hundreds of Times What Their Workers Make'
    "It is time to send a message to corporate America: If you do not end your greed and corruption, we will end it for you."
    WWW.COMMONDREAMS.ORG
    1
    0 Comments 0 Shares
  • https://www.dailymail.co.uk/health/article-7487233/Walmart-stop-selling-electronic-cigarettes-stores.html
    https://www.dailymail.co.uk/health/article-7487233/Walmart-stop-selling-electronic-cigarettes-stores.html
    Walmart will no longer sell vaping products in its stores
    The largest retailer in the US will no longer sell e-cigarettes in its stores, Walmart announced Monday, amid state bans on flavored vapes, eight deaths and over 500 vaping-related illnesses.
    WWW.DAILYMAIL.CO.UK
    0 Comments 0 Shares
  • https://www.thenewamerican.com/economy/economics/item/33433-npr-shops-at-walmart-to-learn-cost-of-trump-s-tariffs-gets-big-surprise
    https://www.thenewamerican.com/economy/economics/item/33433-npr-shops-at-walmart-to-learn-cost-of-trump-s-tariffs-gets-big-surprise
    NPR Shops at Walmart to Learn Cost of Trump’s Tariffs, Gets Big Surprise
    NPR expected to show that Trump’s tariffs were costing consumers hundreds if not thousands of dollars. Imagine their surprise when they learned they aren’t. by Bob Adelmann
    WWW.THENEWAMERICAN.COM
    0 Comments 0 Shares
  • #news
    !!! Walmart Walmart Walmart !!!
    Earth To Skin
    Earth to Skin Honey Manuka Calming Starter Set, 2.25 oz
    Honey is a natural humectant known to retain and preserve skin's moisture. This kit includes a Honey cleanser, Manuka Honey Day Cream, Manuka Honey Night Cream and Royal Jelly Eye Cream.

    https://bit.ly/2LtzaiG
    Disclosure: Sometimes we get paid if you click one of those links and purchase a product or service
    #news !!! Walmart Walmart Walmart !!! Earth To Skin Earth to Skin Honey Manuka Calming Starter Set, 2.25 oz Honey is a natural humectant known to retain and preserve skin's moisture. This kit includes a Honey cleanser, Manuka Honey Day Cream, Manuka Honey Night Cream and Royal Jelly Eye Cream. https://bit.ly/2LtzaiG Disclosure: Sometimes we get paid if you click one of those links and purchase a product or service
    Earth To Skin - Earth to Skin Honey Manuka Calming Starter Set, 2.25 oz - Walmart.com
    Buy Earth to Skin Honey Manuka Calming Starter Set, 2.25 oz at Walmart.com
    BIT.LY
    0 Comments 0 Shares
  • https://www.activistpost.com/2019/09/is-walmart-working-with-the-government-to-distribute-everything-when-the-shtf.html?utm_source=Activist+Post+Subscribers&utm_medium=email&utm_campaign=d5ab183fb0-RSS_EMAIL_CAMPAIGN&utm_term=0_b0c7fb76bd-d5ab183fb0-388107861
    https://www.activistpost.com/2019/09/is-walmart-working-with-the-government-to-distribute-everything-when-the-shtf.html?utm_source=Activist+Post+Subscribers&utm_medium=email&utm_campaign=d5ab183fb0-RSS_EMAIL_CAMPAIGN&utm_term=0_b0c7fb76bd-d5ab183fb0-388107861
    0 Comments 0 Shares
  • In case you would like to send an email to the President and CEO of Walmart, here is his email address: doug.mcmillon@wal-mart.com. I just did, and I will be sending more.
    In case you would like to send an email to the President and CEO of Walmart, here is his email address: doug.mcmillon@wal-mart.com. I just did, and I will be sending more.
    0 Comments 0 Shares
  • Walmart's action helps other gun stores...https://www.youtube.com/watch?v=-_Le2E9rIHI&feature=youtu.be
    Walmart's action helps other gun stores...https://www.youtube.com/watch?v=-_Le2E9rIHI&feature=youtu.be
    Walmart's Ban Backfires
    Will Walmart's political move to ban sales of handguns and popular ammunition prove to be an effect solution to gun violence?
    YouTube
    0 Comments 0 Shares
  • https://www.wnd.com/2019/09/walmarts-woke-capitalism/
    https://www.wnd.com/2019/09/walmarts-woke-capitalism/
    Walmart's 'woke' capitalism
    0 Comments 0 Shares
  • https://www.naturalnews.com/2019-09-04-armed-citizens-stopped-mass-shootings-at-walmart-stores.html
    https://www.naturalnews.com/2019-09-04-armed-citizens-stopped-mass-shootings-at-walmart-stores.html
    Armed citizens STOPPED mass shootings at Walmart stores, but retail chain's new policies could now allow customers to be targeted more frequently
    Following a mass shooting at a Walmart store in El Paso, Texas last month, company executives did a little math and figured out they could use the incident to their advantage and virtue signal to a majority of customers by implementing new policies aimed at curbing gun and ammunition sales. (Related
    WWW.NATURALNEWS.COM
    0 Comments 0 Shares
  • https://www.naturalnews.com/2019-09-05-walmart-tests-everything-it-sells-while-amazon-tests-nothing.html
    https://www.naturalnews.com/2019-09-05-walmart-tests-everything-it-sells-while-amazon-tests-nothing.html
    Heavy metals: Walmart tests EVERYTHING it sells, while Amazon tests almost NOTHING
    As part of his ongoing investigatory work into product safety through his Consumer Wellness Center (CWC) Labs initiative, Mike Adams, the Health Ranger, has come to learn that Walmart, if you can believe it, actually does test the products that are sold through its website. But the same cannot be sa
    WWW.NATURALNEWS.COM
    0 Comments 0 Shares

No results to show

No results to show

No results to show

No results to show