Sanders unveils plan to tax companies with high-earning CEOs

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Bernie Sanders' plan would raise taxes on businesses whose CEOs make at least 50 times more than their median workers

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By signing up you agree to receive email newsletters or alerts from POLITICO. You can unsubscribe at any time. Sanders’ plan would increase taxes on businesses progressively: If the CEO or highest-paid employee of a company makes more than 50 times but not more than 100 times the median worker, its corporate taxes would go up by 0.

 

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Used to be called excess compensation. Was difficult to enforce for a lot of reasons.

mlcreader ...timing Bernie....timing.

Oh Bernie...I bet you make more than 50 times the salary of your campaign or senate staff! You made millions off your book and you make $84 an HOUR in your part time Senate job.

I think they also need to pass a law that you can't give a bonus that's more than a year's salary for these CEOs so if you make 5 million a year you can't get more than a 5 million-dollar bonus not a 20 million dollar bonus

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Why the hell are you penalizing a person for doing good in this country. You need to get in check.

Won’t help Bernie. Got my good eye on Warren.

SOCIALISTS WILL NEVER RUN THIS COUNTRY, YOU HACKS!!!

Latest polls: Bernie Sanders 9%

I’ve long been a proponent of this idea. I would make the percentage very high!

😂😂😂😂😂😂😂😂😂😂

How about a plan to tax all those rich entertainers and sports stars? Typically entertainer/sports makes 10-20x what the typical CEO does?

kook

I’d imagine these corporations would pass the loss along to their employees and customers though.

ShutDemShitshowDown2020

Good plan. I recall a letter sent to Trump from 500 CEOs saying they would be okay with higher taxes so why not?

That’s stupid.

Bernie is a socialist do you need to say anything else?

I sure HOPE so‼️

Socialist er Comunist Bernie.

What about Politicians, who’ve never had a real job, who own more than twice the number of homes than the median worker ?

News flash. He plans on raising taxes on EVERYBODY. Period.... and by the way companies will find their way around that by giving stock options etc to lower the 'pay' and they will still reward their CEO.

So if you have a very basic entry level job worked by 50 million people worldwide, and it is your job to oversee the operations of that entire company... you should only make 50x what the person putting detergent on a shelf should make? Come on. 😂

bernie will just have every big company close. the economy will literally crash

I'll support that.

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