Politicians may not like the new rule requiring disclosure of the gap between executive and employee pay, but voters sure do.
A Morning Consult poll, in fact, shows overwhelming support not just from Democrats looking to stir up class envy but also Republicans, whose congressional representatives have put up vigorous opposition to the new rule. The Securities and Exchange Commission formally approved the provision last week as part of the sweeping Dodd-Frank reform of 2010.
Three-quarters of voters overall approve, with 79 percent of Democrats joined by 69 percent of Republicans. The poll surveyed 2,029 registered voters from Aug. 7-9 with a margin of error of plus or minus 2 percentage points.