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CEO pay has skyrocketed in recent decades, rising over 1,000% since 1978, while worker pay has only grown about 24%. Today, top executives often earn nearly 300 times more than typical workers, and in some cases, thousands of times more. This extreme gap hurts fairness, lowers worker morale, and concentrates wealth at the top instead of spreading it across the economy. Since most Americans — over 80% in polls — believe the CEO-worker pay gap is too large, a pay cap would not only reduce inequality but also promote accountability and align company practices with public values.
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