What is the Accountable Capitalism Act?
Last month, US Democratic Senator Elizabeth Warren proposed a federal bill, the Accountable Capitalism Act. This piece of legislation aims to reduce income inequality by shifting the power of companies of over a billion dollars in annual revenue less from the hands of the executives and more into the hands of shareholders. If this bill passes, trillions of dollars would shift from the top 10% income earners into those in the US' middle and lower economic class. Companies meet