'We are essentially in a new Gilded Age': As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profits
Briefly

"Shareholders and CEO pay have risen to record levels in the aftermath of the COVID-19 crisis," according to a report from Oxfam. This highlights the dichotomy between corporate profits and employee compensation during the pandemic.
"The rules are being rigged and the companies are helping to rig them," stated Irit Tamir from Oxfam, emphasizing the influence of corporate lobbying on tax regulations and its impact on income inequality.
Read at Fortune
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