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News@lemmy.world · 2 months ago

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

cross-posted to:
usa@lemmy.ml

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

return2ozma@lemmy.world to

News@lemmy.world · 2 months ago

cross-posted to:
usa@lemmy.ml

CEOs cite the need to downsize in a rough economy, but it seems corporations are doing better than ever.

Paywall removed https://archive.is/LF76k

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2 months ago
The way you fix this is with higher, and enforced, corporate taxes. If the corporation doesn’t keep the money anyways, they flow it back in.

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