Oregon Progressive Party

https://www.commondreams.org/news/afl-cio-ceo-pay-report

"the average S&P 500 executive made an eye-popping 285 times more than their median worker did, up from a 268-to-1 ratio in 2023." American cities, counties and states need to look at and enact a CEO surcharge, to raise revenue and act to reduce the gap between the richest among us and the rest of us.

Details of the plan as adopted by Portland OR city council in this The Hill article: https://thehill.com/policy/finance/309430-portland-ore-will-levy-first-of-its-kind-ceo-tax/

Portland, Ore. will levy first-of-its-kind CEO tax Portland, Ore. will be come the first jurisdiction in the United States to levy a new tax on companies if their chief executives make much more than their average workers following a city council v…

Latest edition on Inequality.org email alert talks about how Portland OR is addressing the problem of the gap between CEO compensation and average worker pay. Any city, county, state could do the same, both to address the growing wealth and income inequality and the need to raise more revenue to address human needs. https://inequality.org/wp-content/uploads/2025/05/inequality-newsletter-may-14-2025.html?emci=170f7490-2d30-f011-8b3d-6045bded8cca&emdi=a9632d49-ed30-f011-8b3d-6045bded8cca&ceid=4045044

Preview - Inequality.org: A trillion for the 1%, cuts for everyone else May 14, 2025                                                         Home   Subscribe  Open in Browser