Category Archives: Income inequality

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In 40 Years: CEO Pay Up 937%, Worker Wages Stagnant

In 40 Years: CEO Pay Up 937%, Worker Wages Stagnant
Above: Image credit: Sergei Bachlakov / Shutterstock.com US inequality problem continues to be the worst in the industrialized world. A new report, published by the Economic Policy Institute (EPI) this week, shows that while wages for American workers have essentially remained stagnant for decades, CEO pay has soared at an “outrageous” clip.  A study by the Pew Research Center (PRC) in 2014 found that economic analyses show a “lack of ... Read more

Making Employee-Owned Enterprises Part Of The Income Inequality Solution

Making Employee-Owned Enterprises Part Of The Income Inequality Solution
Above Photo: Mike Alewitz Impact Investing And Employee Ownership: With income inequality in the United States at record high levels, employee ownership is increasingly being lauded as a potential solution to spreading wealth more broadly. Most recently, research from the National Center for Employee Ownership released in May shows that employee owners have a household net worth that is 92 percent higher than non-employee owners. They also ... Read more

Seattle Mayor, 2 City Council Members Propose City Income Tax On The Rich

Seattle Mayor, 2 City Council Members Propose City Income Tax On The Rich
Above Photo: by Joe Raedle/Getty Images SEATTLE — Mayor Ed Murray and City Council members Kshama Sawant and Lisa Herbold on Monday proposed a new tax on high-income households. The proposal would place a 2 percent tax on joint filers’ income over $500,000 and single tax filers’ income over $250,000. They said the estimated $125 million in new annual revenue would allow the city to lower the burden associated with property taxes and other ... Read more