Sanders unveils plan to tax companies with high-earning CEOs

Sen. Bernie Sanders. | Scott Eisen/Getty Images

Sen. Bernie Sanders. | Scott Eisen/Getty Images

Holly Otterbein writes:

Bernie Sanders has a new plan to reduce the widening gap between the rich and poor.

The presidential candidate and decadeslong crusader against income inequality unveiled a proposal Monday to raise taxes on businesses whose CEOs make at least 50 times more than their median workers.

The boost in corporate taxes would be imposed on companies that bring in $100 million or more in annual revenue.

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