Howard Schultz | CEO
Howard Schultz | CEO
In 2021 Starbucks received $4.1 billion in profits while its CEO Howard Schultz saw his fortune grow by $1 billion during the pandemic. Starbucks’ CEO compensation last year was 1,600 times more than the average employee, the 11th worst CEO-to-worker pay ratio among S&P 500 corporations. And, while the Starbucks board of directors showered themselves and their wealthy shareholders in millions of dollars in corporate stock and $12 billion in stock buybacks, employees received an average raise of less than $300 last year, bringing their median income to just $12,400.
It’s critical that our federal laws prevent corporations from deducting the cost of their union-busting activities from their taxes each year. Will you add your name to become a grassroots co-sponsor of the No Tax Breaks for Union Busting Act (S.4192 and H.R.8448) today to call on Congress to stand with working people, not greedy union-busting corporations.
Original source can be found here.
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