Inequality keep growing at a time when US corporations are incurring record profits. How do we fix this? On Sunday’s op-ed for the Washington Post, Summers said that changing the tax code to eliminate loopholes that benefit the rich – such as capital gains exemption, estate tax provisions, and corporate tax breaks- would help the [...]

On November 24 the Swiss people will vote on Initiative 1:12 to limit CEO pay to only 12 times that of the lowest paid employee, Business Insider reports. This move has executives worried and corporations such as Nestle, Novartis, and Bobst sent letters to their employees to impose that Initiative 1:12 is bad for business. [...]