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S. 2445

BillFederalSenateIn Committee
A bill to amend the Internal Revenue Code of 1986 to impose a surtax on corporations with significant disparities in employee wages.
About This Bill
Committee
Latest Action · September 9, 2019
Read twice and referred to the Committee on Finance.
Congress
116th (2019–2021)
Introduced
September 9, 2019
Cosponsors (0)
None
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Summary

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Fair Share for Workers Act This bill imposes an additional tax on the income of corporations that have gross revenues in excess of $1 billion and a wage disparity level in excess of 3,000%. A "wage disparity level" is defined as the ratio of the annual salary of the highest compensated officer of the corporation to the median annual salary of all employees of the corporation.

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