“In 2015, CEOs of S&P 500 Index companies received, on average, $12.4 million in total compensation, according to the AFL-CIO’s analysis of available data. In contrast, production and nonsupervisory workers earned only $36,875, on average, in 2015—a CEO-to-worker pay ratio of 335 to 1. Avoiding corporate income taxes is one way CEOs boost their companies’ profits and thereby increase their own pay. This corporate tax avoidance reduces the amount of money that is available for public goods like roads and schools. As a result, our economy increasingly has become out of balance.”
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