Bernie Sanders calls for higher taxes on companies with wide pay gaps

FILE PHOTO: Democratic Presidential candidate U.S. Senator Bernie Sanders addresses attendees during the AFL-CIO Workers Presidential Summit in Philadelphia, Pennsylvania, U.S., September 17, 2019. REUTERS/Mark Makela/File Photo

- U.S. presidential candidate Bernie Sanders on Monday laid out a plan to hike taxes on big companies with wide pay gaps between executives and rank-and-file workers. Sanders’ plan would raise tax rates on companies where the chief executive officer or highest-paid employee earns more than 50 times the median worker salary. The independent U.S. Senator from Vermont is competing for the Democratic nomination to challenge Republican President Donald Trump in the November 2020 election.

The proposal comes amid increased scrutiny of income inequality and top executives’ pay as a contributing factor. A Securities and Exchange Commission rule adopted in 2015 now requires companies disclose CEO pay ratios. “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 said in a statement.

Tax, Tax Tax everybody but me.

When will this doddering ole fool go away?

And this helps the average employee how exactly? The government gets extra tax dollars instead of the corporation. This does nothing favorable for the regular employee.

That will kill jobs. Bammy had the same plan and it tanked our economy. Notice the uber wealthy politician isnt giving away his money

He taxes American people themselves, Trump taxes China who earn a lot in US, and reduce American's taxes, see who is better.

How many has he set up? How many businesses does he have! People take the risk to set up companies and u tell them who and who not to pay...

BernieSanders TimeToRetire Go fishing, enjoy a campfire, time to layback and leave politics to others.

And his pay vs. his staffers that had to reduce hours to get to $15pr hour?

Sounds like increasing gov control over people and businesses. Bernie is pushing for all out communism

Bernie calls for thievery... again. Not new news.

what does that even mean?

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Bernie Sanders unveils 'inequality tax' targeting companies where CEOs make far more than workers'The American people are sick and tired of corporate CEOs who now make 300 times more than their average employees,' Sanders said in a statement. This grandpa is really damaging democrats credibility. SocialistBernie is struggling to stay relevant.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Bernie Sanders unveils 'inequality tax' targeting companies where CEOs make far more than workers'The American people are sick and tired of corporate CEOs who now make 300 times more than their average employees,' Sanders said in a statement. This grandpa is really damaging democrats credibility. SocialistBernie is struggling to stay relevant.
Source: BusinessInsider - 🏆 729. / 51 Read more »