Sanders’ plan would raise tax rates on companies where the chief executive officer or highest-paid employee earns more than 50 times the median worker salary. The independent U.S. Senator from Vermont is competing for the Democratic nomination to challenge Republican President Donald Trump in the November 2020 election. “The American people are sick and tired of corporate CEOs who now make 300 times more than their average employees, while they give themselves huge bonuses and cut back on the healthcare and pension benefits of their employees,” Sanders said in a statement.
