S. 2445 · 116th Congress
Fair Share for Workers Act
- Stage
- In committee
- Sponsor
- Jeff Merkley
- Introduced
- 2019-09-09
- Latest action
- 2019-09-09 · Introduced in Senate
Summary
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.