Report Warns Taxpayer Money Is Fueling ‘Pandemic Greed Grab’ by US CEOs

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Report Warns Taxpayer Money Is Fueling ‘Pandemic Greed Grab’ by US CEOs

Amazon, which has reported $10.3 billion in recent federal contracts, paid CEO Andy Jassy 6,474 times more than it paid its median worker last year. As ordinary workers across the United States watched inflation eat away at modest wage gains in 2021, many corporations—including firms contracting with the federal government—used record-shattering profits to lavish their CEOs […]

Report Reveals How Big Corporations Rigged Rules to Boost Pandemic Pay of CEOs as Workers Suffered

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Report Reveals How Big Corporations Rigged Rules to Boost Pandemic Pay of CEOs as Workers Suffered

“By inflating executive compensation while their workers struggled during a pandemic, corporate boards have strengthened the case for tax penalties on huge CEO-worker pay gaps.” Dozens of the largest low-wage employers in the United States manipulated their own rules during the coronavirus pandemic to hand wealthy CEOs substantial raises while their vulnerable frontline workers struggled […]