Daily Digest - July 7: In Corporate America, Pay Comes Before Patriotism

Jul 7, 2014Rachel Goldfarb

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On This Fourth of July, Meet Your Unpatriotic Corporations (The Nation)

Greed comes far before patriotism for companies that reincorporate abroad to avoid paying their fair share of taxes, writes Roosevelt Institute board member Katrina vanden Heuvel.

Students Joining Battle to Upend Laws on Voter ID (NYT)

In North Carolina, college students are challenging the state's strict voter ID law on the grounds of age discrimination, reports Matt Apuzzo. This is the very first case of its kind.

American CEOs: In a Class All by Themselves (Truthout)

Sam Pizzigati points out that discussions of executive pay in the U.S. tend to leave out international comparisons, which demonstrate just how extreme American CEO pay can be.

  • Roosevelt Take: White papers from William Lazonick and Roosevelt Institute Fellow and Director of Research Susan Holmberg look at the problems created by high CEO pay, and steps to fix it.

Moaning Moguls (The New Yorker)

James Surowiecki looks at why America's wealthiest complain so much about their supposed mistreatment by society, and why those complaints lack merit.

Obama Calls for a New Crackdown on Wall Street (Mother Jones)

Erika Eichelberger says that the President is calling for further reforms, but has not presented any specific plans, and it isn't clear how he would get anything through Congress.

New on Next New Deal

Where Does $2 Trillion in Subsidies for the Wealthiest Hide in Plain Sight? Capital Gains Tax Breaks.

Preferential tax rates and loopholes for investment income make economic inequality worse, writes Harry Stein, who explains the necessity of reforms proposed in Roosevelt Institute Chief Economist Joseph Stiglitz's recent white paper.

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