Bernie Sanders unveils 'inequality tax' targeting companies where CEOs make far more than workers

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Bernie Sanders unveils 'inequality tax' targeting companies where CEOs make far more than workers
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'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.

Senator Bernie Sanders on Monday announced a new income inequality plan that would place taxes on companies that pay CEOs more than 50 times the pay of the median worker. The plan would raise $150 billion in a decade, which would be used to pay for Sanders' plan to eliminate medical debt. Companies like McDonald's, JPMorgan, and Walmart would pay hundreds of millions more in taxes if the plan had been in effect last year, the Sanders campaign said. Read more on Business Insider.

Senator Bernie Sanders on Monday announced a new income inequality plan that would place taxes on companies that pay CEOs more than 50 times the pay of the median worker. The plan would raise $150 billion in a decade, which would be used to pay for Sanders' plan to eliminate medical debt. Companies like McDonald's, JPMorgan, and Walmart would pay hundreds of millions more in taxes if the plan had been in effect last year, the Sanders campaign said. Read more on Business Insider.

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