What Is a Decent Wage'? France's Michelin Raises a Debate.
Michelin announced a plan to guarantee all employees a decent wage worldwide to ensure financial stability and address wealth inequality within the company. [ more ]
These Companies Pay Their Executives More Than They Pay in Taxes
Many major U.S. companies pay their top executives more than they pay the IRS, including Tesla, Ford, Netflix, and T-Mobile.
Corporate tax dodging and excessive CEO pay are significant issues that President Biden aims to address by making big corporations and the wealthy pay their fair share of taxes. [ more ]
Tlaib: Meta's Taxes Would Drop From 25 Percent to -2 Percent Under New Tax Bill
Progressive Rep. Rashida Tlaib opposes the bipartisan tax bill that gives tax cuts to corporations and the rich.
The bill also includes a partial revival of the expanded child tax credit, but lowers the total and imposes income limits for the poorest families. [ more ]
Poll: 74 Percent of Millionaires in G20 Countries Support Higher Taxes on Wealth
74% of millionaires in G20 countries support higher taxes on extreme wealth to address the cost-of-living crisis and improve public services.
More than 70% of respondents believe that wealth helps buy political influence and see extreme concentrations of wealth as corrosive to democracy. [ more ]
Technological advancements have led to greater wealth inequality, making it unlikely that AI will lead to a more equitable distribution of wealth and resources.
The debate around AI is disproportionately influenced by the super-rich, limiting other perspectives from being heard. [ more ]