Profit sharing

The Profit Sharing Economy by Laura Tyson

While the incomes of the top 1% of American households soar, wages for the majority of American workers continue to stagnate, undermining economic growth and long-term prosperity. The introduction of broader profit-sharing agreements could be a key step towards improving this trend. BERKELEY – Over the past 35 years, real wages in the United States […]

Profit sharing

Why we should support the profit-sharing economy

BERKELEY, Calif. (Project Syndicate) — Over the past 35 years, real wages in the United States have not kept pace with productivity gains. for the typical non-agricultural worker, the latter grew twice as fast as the former. Instead, a growing share of the gains went to a tiny fraction of the workers at the top […]

Profit sharing

Clinton wants to raise workers’ wages through corporate profit sharing

Hillary Clinton wants to give corporations a tax break for sharing profits with their employees. It is the first concrete proposal in what she says is her campaign’s comprehensive plan to increase incomes and benefits for low- and middle-income people. The root of the plan is the belief that if companies share more of their […]

Profit sharing

Hillary Clinton details worker’s profit-sharing proposal

Hillary Clinton on Thursday proposed a new tax credit to encourage more companies to offer profit sharing to their workers, reinforcing her campaign’s focus on raising middle-class incomes. The credit would be worth $750 for a $5,000 profit-sharing payment a company paid to a middle-income worker, according to a campaign fact sheet. The campaign estimated […]