The people at the top just keep getting richer while the rest fight for fewer good paying jobs.
“In 2018, CEOs of S&P 500 companies made, on average, $14.5 million. That’s a $500,000 dollar raise from 2017. Compare that to the average rank-and-file worker who received barely more than a $1,000 raise, bringing total take-home pay in 2018 to $39,888.

You might think, “It’s better than nothing.” But here’s the key point: Even with that extra cash, wages are not keeping up with inflation. The average worker isn’t making enough to cover rent for a two-bedroom apartment in 15 of the largest cities across the country!

Meanwhile, 40% of hourly workers have nothing saved up for an emergency, while 75% have less than $500.”
Here are some key points from the report:

$14.5 Million: S&P 500 CEOs’ average 2018 compensation.

287:1 The average S&P 500 CEO-to-worker pay ratio.

$5.2 Million: Increase in the average S&P 500 CEO’s pay over the past 10 years, a raise of more than half a million dollars annually.

$7,858: Increase in the average U.S. rank-and-file worker’s pay over the past 10 years, a raise of less than $800 per year annually.

$93 Billion: Decrease in corporate income tax collections following the passage of the 2017 GOP tax cut, a 31% drop for FY 2018.

$0: Federal income taxes paid by 60 of the largest U.S. companies in 2018 despite being profitable. This list includes corporations like Amazon, Activision Blizzard, and Delta Airlines.