The proposal would raise an estimated $150 billion over a decade if current compensation patterns continue.

With the world’s richest person, Tesla CEO and Republican megadonor Elon Musk, on the cusp of becoming the first trillionaire on the planet, two leading progressive lawmakers are calling on Congress to pass a bill to “rein in the obscene salaries of America’s top executives.” Sen. Bernie Sanders (I-Vt.) and Rep. Rashida Tlaib (D-Mich.) on Monday introduced the Tax Excessive CEO Pay Act with…

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