CEOs like Jamie Dimon, Warren Buffett, and Elon Musk want the government to fight inequality and 'reignite the American dream'
Dimon's proposal of a negative income tax follows the growing popularity of
guaranteeing a minimum standard of living for every American, which Musk said the country"obviously needed."on the wealthiest Americans, to reduce inequality. Dimon didn't mention tax policy in his letter but insisted JPMorgan should and does pay its"fair share" in taxes, noting they've paid $43 billion in US federal, state, and local taxes in the last 10 years.to lift up lower-income neighborhoods" and that additional income would go right back into the economy.
These government policies would help business, he said, as"shareholder value can be built only if you maintain a healthy and vibrant company, which means doing a good job of taking care of your customers, employees and communities — in other words,"We require a 21st century government," Dimon said, but these ideas of his and other CEOs have their roots in a century earlier.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wall Street CEOs on regulation and opportunities from the SVB crisisWhat JPMorgan's Jamie Dimon, BlackRock's Larry Fink, and other Wall Street CEOs are saying about the impact of the banking crisis
Read more »
Actor Jamie Foxx recovering from 'medical complication,' his daughter says in Instagram postFoxx's daughter did not specify what his complication involved. The 55-year-old actor had recently been shooting an upcoming Netflix film in Atlanta.
Read more »
Jamie Foxx recovering after unknown 'medical complication,' daughter Corinne saysJamie Foxx is recovering after suffering an undisclosed 'medical complication,' according to a statement shared to social media post by his daughter, Corinne Foxx.
Read more »
Jamie Foxx hospitalized in Atlanta with undisclosed ‘medical complication’Foxx’s daughter said Wednesday he is ‘already on his way to recovery.’
Read more »
Jamie Foxx pictured on movie set one day before ‘medical complication’Foxx looked active and well while filming his upcoming film “Back in Action” in Atlanta on Monday, according to photos obtained by Page Six.
Read more »
Jamie Dornan's 'The Tourist' Season 2 Begins Filming in DublinThe show also adds Conor MacNeill and Diarmaid Murtagh as it begins production.
Read more »