CEO compensation has risen 940 percent since 1978, but worker compensation has only increased 12 percent

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CEO compensation has risen 940 percent since 1978, but worker compensation has only increased 12 percent
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CEOs at America's 350 top public firms earned 278 times more than their typical employee in 2018, the report said.

inequality is rising rapidly, with the poorest families in the country taking on debt, while families in the 90th percentile of wealth witnessedA standard 1040 form is shown with some cash from a piggy bank.Candidates vying for the Democratic presidential nomination have promoted policies to diminish the nation's wealth gap.

who now make 278 times more than their average employees, while they give themselves huge bonuses and cut back on theNewsweek"We need an economy and a government that works for all of us, not just the top one percent. That means, among other things, raising the minimum wage to at least $15 an hour, making it easier for workers to join unions, guaranteeingas a right, and demanding that the wealthiest people and most profitable corporations pay their fair share of taxes," he added.

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