Income Inequality

Downtown San Francisco (Getty Images)

Study: Income Inequality In Bay Area Exceeds National Levels

A Silicon Valley economic research institute said that income inequality in the Bay Area is now more severe than in the rest of the nation, according to a Silicon Valley economic research institute.

07/30/2015

The 30-year-old, who said he wants to confront income inequality in America, has slashed his own salary and raised the minimum salary at his company to $70,000. (CBS News)

Seattle CEO Cuts His Own Pay To Give Workers $70,000 Minimum Wage Amid Fight Over Income Inequality

While fast food workers across the country and San Francisco are demanding restaurant chains pay them a $28,000 yearly salary, one Seattle CEO is taking matters into his own hands to fight income inequality.

04/15/2015

(Getty Images/Comstock Images)

Study Shows Rising Income Inequality Slows Tax Revenue Growth In California, Prompting Higher Tax Rate

SACRAMENTO (AP) — Rising income inequality has led to slowing tax revenue growth in California, but the state has responded by increasing its top marginal tax rate, causing its growth rate to accelerate after 2009, […]

09/15/2014

Mark DeSaulnier

State Senator Targets CEO Super Salaries In Proposed Bill

California state senator Mark DeSaulnier, speaking with KPIX 5’s Phil Matier on Sunday, defended a proposed bill which would punish corporations that pay their chief executives more than a hundred times the median wage of their workers.

05/04/2014

Workers at Alameda County Industries material recovery facility in San Leadro sort through recyclables. (Alameda County Industries/YouTube)

KCBS Cover Story Series: Getting By – Living Wage Law Doesn’t Always Apply

The latest income data shows that about 20 percent of the Bay Area lives in poverty and that figure is rising while local home prices, the stock market, and the incomes of the very rich are soaring to record levels.

03/27/2014