Abigail Disney backs California bill to raise corporate taxes and curb CEO pay

Disney -- and the group she belongs to, Patriotic Millionaires -- have been vocal advocates for reducing income inequality by raising corporate taxes, equalizing tax rates on capital gains and income, raising the federal estate tax and increasing the federal minimum wage to $15 an hour by 2024. Last year, the Disney heir publicly criticized Disney CEO Bob Iger's $66 million pay package, which was 1,424 times the median salary of Disney employees, according to a study from Equilar.

These same profitable corporations have also just reaped the benefits of a massive windfall from Trump's 2017 tax cut. In spite of such tremendous gains, the portion of tax paid by corporations to the state of California is at nearly its lowest point in 40 years," Patriotic Millionaires and California Voices for Progress noted in a letter to the chairman of the California Senate's Governance and Finance Committee.

What a hypocrite. Disney is the company that fired American workers and replaced them with cheaper Indians on fraudulently obtained visas and made the Americans train the replacements or be denied severance. Disney is a crooked company.

Corporations never pay for anything in the end the customer is always the one who pays. Should the price of food be higher than it needs to be so that government has a little more revenue? I say end the corporate income tax and see what happens

.....by the time she was done 10 more businesses had relocated to Texas

Trump 2020

When you don’t build the company yourself you never understand. entitledbrat

Why is there a problem in Cali ?🙄 Highest taxes in the country and you can't make the state work And your solution is more tax. That insane

Yeah! She’s got HERS so to hell with everyone else😅😂😂😂😂😂

People and businesses will start moving elsewhere soon.

When your already worth billions why not

I’m no tax expert, but that sounds like a bill that would incentivize the state’s existing corporations to move elsewhere while also incentivizing any new corporations to stay away and/or start up elsewhere.

The heir of 'Fantasy Land' is certainly a reputable person to solicit taxation opinions from...

tylerperry👑💘👄💍🍾🍷🍷🌹The position of CEO merits no cap when a CEO such as myself goes above and beyond the call of CEO. Expecting retribution for the last past 14 years + still', counting.🤔

Women should rule the world.

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