Fight Income Inequality
Fight Income Inequality
The cost of living is too high. Wages have not kept up, while CEO salaries and stock buy-backs are prioritized. We must raise the minimum wage, expand unions, and guarantee paid family and medical leave.
We must close tax loopholes, and fund the IRS’ enforcement staff so they can focus on the biggest tax cheats, who engage in complicated accounting schemes.
We also must pass a version of the “Tax Excessive CEO Pay Act,” under which companies would pay higher taxes when the ratio of their CEO pay to their typical worker pay exceeds 100:1. [Walmart’s ratio is 930:1, for example – its CEO made $27.4 million in 2024 – 930 times the median Walmart worker’s salary of $29,469.]