The nation’s 1 percent is speaking out about taxation and job creation — and there are some very mixed views. Many shared their disdain for Section 953(b) of the Dodd-Frank Act, which requires public companies to disclose the ratio between the compensation of their CEOs and employee medians. Others, most famously Warren Buffett, support greater regulation and a higher tax on the wealthy. No matter what side you’re on, it’s hard to ignore the fact that the gap between rich and poor is growing: While average household income increased 62 percent from 1979 through 2007, the top 1 percent’s more than tripled, an October Congressional Budget Office report showed.
Most of the rest of the country looks good. But what happened to Idaho?
Sun Life Financial, CUNA Mutual and NorthStar Life also have announcements.
Forty-five percent said they were willing to give up some potential gains in exchange for loss protection, the insurer found in a survey.
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