Reed & Blumenthal Renew Push to End Special Tax Deductions for Huge Executive Bonuses
October 26, 2023
October 26, 2023
WASHINGTON, Oct. 26 -- Sen. Jack Reed, D-Rhode Island, issued the following news release:
WASHINGTON, DC - According to the AFL-CIO, the gulf in pay between CEOs and average workers is 272 to 1. In an effort to ensure that hardworking U.S. taxpayers are not forced to subsidize lavish executive compensation packages while making a fraction of CEO pay, U.S. Senators Jack Reed (D-RI) and Richard Blumenthal (D-CT) today introduced legislation that would finally fully close a major looph . . .
WASHINGTON, DC - According to the AFL-CIO, the gulf in pay between CEOs and average workers is 272 to 1. In an effort to ensure that hardworking U.S. taxpayers are not forced to subsidize lavish executive compensation packages while making a fraction of CEO pay, U.S. Senators Jack Reed (D-RI) and Richard Blumenthal (D-CT) today introduced legislation that would finally fully close a major looph . . .