Become a co-signer of the “Reward Work Act”
All Members of Congress
Bloomberg reports that 60% of tax cut gains are going to shareholders, not working people. This is because corporations have spent more than $225 billion in stock buybacks since December, overwhelmingly benefiting CEOs and wealthy shareholders.
Instead of investing in more jobs and higher wages of working people, greedy shareholders are pocketing most of the gains for themselves.
Now, Senator Tammy Baldwin has introduced the Reward Work Act, which would prohibit corporations from buying back their stock on the open market, improve disclosure of stock buybacks, and require publicly held corporations to give employees the right to directly elect one-third of their company’s board of directors.
Stand with Americans for Tax Fairness Action Fund today and become a co-sponsor of the Reward Work Act, which addresses wealth inequality by empowering working people and creating shared prosperity.Sponsored by
To:
All Members of Congress
From:
[Your Name]
Corporate stock buybacks drain resources that might otherwise be used to pay workers higher wages and salaries and to invest and create new jobs. Throughout the country, these stock buybacks are fueling a surge in new income for CEOs and wealthy investors, driving wealth inequality ever higher. We demand that Congress pass the “Reward Work Act” to give power back to working people, not wealthy shareholders.