Corporate Accountability

We need to level the playing field against corporations, for their years of taking advantage of the sweat equity of our middle class, paying them non-living wages, denying benefits, working longer hours for less pay, while CEO’s and executives make more money than they deserve. There are several different approaches to this including:

• Levy heavy fines and penalties against corporations who union-bust, or use union busting techniques, such as Amazon or Walmart

• Ban companies who have employees on government assistance (Food Stamps, Medicaid, etc.) from receiving any government subsidies.

• Closing Corporate Tax Loopholes, a measure that could raise $50billion over the next 10 years

• Close the Carried Interest Loophole, which could raise up to $18billion annually over the next 10 years

• Cap CEO pay

• Break up monopolies like Ticketmaster/Live Nation, that have created marketplaces that don’t allow competition.

• Ban companies who buyback stock from layoffs for 2 years. If they can shell out billions of dollars to buy back stocks, they can afford to pay their employees who contribute to the success of the company

• Require ALL job postings to contain the salary. Transparency benefits both the employers and the employees. There is no reason to not display the salary, and not doing so only benefits the employer. It’s time to change this for the benefit of ALL workers.

• Re-write the tax code so these employers and corporations are unable to write off their private jets and company cars. If a teacher can only write off $300 of school supplies, why should these companies be allowed to do it differently?