H.R. 3876 · 110th Congress
Income Equity Act of 2007
- Stage
- In committee
- Sponsor
- Barbara Lee
- Introduced
- 2007-10-17
- Latest action
- 2007-10-17 · Introduced in House
Summary
Income Equity Act of 2007 - Amends the Internal Revenue Code to: (1) deny employers a tax deduction for payments of excessive compensation to any employee (i.e., more than 25 times the lowest compensation paid any other employee); and (2) require such employers to file a report on compensation paid to their employees with the Secretary of the Treasury.