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Raising Taxes on Corporations that Pay Their CEOs Royally and Treat Their Workers Like Serfs (Robert Reich)
Robert Reich explains a proposed bill in California that would incentivize lower executive pay by tying corporate tax rates to the ratio of CEO pay to typical workers’ pay.
- Roosevelt Take: Roosevelt Institute Fellow and Director of Research Susan Holmberg has another, complementary idea: close the performance pay loophole.
Justice Stevens Suggests Solution for ‘Giant Step in the Wrong Direction’ (NYT)
Adam Liptak speaks with retired Supreme Court Justice John Paul Stevens, who is calling for a constitutional amendment to overturn Citizens United and allow reasonable limits on campaign finance.
- Roosevelt Take: Roosevelt Institute | Campus Network Student Board of Advisors Chair Jeff Raines explains why McCutcheon v. FEC makes big money’s power over politics even worse.
A Chance to Remake the Fed (TAP)
With two open slots on the Federal Reserve, David Dayen suggests that progressives should support regulators who will serve as Main Street’s voice on monetary policy.
Union Will Keep Fighting To Organize Volkswagen Workers (ThinkProgress)
While the United Auto Workers have dropped their appeal of the recent failed union election in Chattanooga, TN, Bryce Covert reports that the union plans to continue organizing at that Volkswagen plant.
UConn Graduate Assistants First To Unionize In State (Hartford Courant)
Kathleen Megan reports that the graduate assistants will be represented by the Graduate Employee Union/United Auto Workers. Graduate assistants have organized on over 60 campuses across the country.
‘Jobs vs. the Environment’: How to Counter This Divisive Big Lie (The Nation)
Jeremy Brecher argues that a “Green New Deal” could put people to work rebuilding the country’s infrastructure to protect the environment, ending the supposed conflict between environmental movements and labor.
Not Born Rich? Out of Luck (MSNBC)
Chris Hayes interviews Thomas Piketty about his new book, Capital in the 21st Century, and the trends that have led to rising concentration of wealth in the United States and around the world.