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Fair Share for Workers Act

USA116th CongressS-2445| Senate 
| Updated: 9/9/2019
Jeff Merkley

Jeff Merkley

Democratic Senator

Oregon

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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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Timeline
Sep 9, 2019
Introduced in Senate
Sep 9, 2019
Read twice and referred to the Committee on Finance.
  • September 9, 2019
    Introduced in Senate


  • September 9, 2019
    Read twice and referred to the Committee on Finance.

Taxation

Related Bills

  • S 116-2312: Equity in Compensation Act
Corporate finance and managementIncome tax ratesWages and earnings

Fair Share for Workers Act

USA116th CongressS-2445| Senate 
| Updated: 9/9/2019
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Sep 9, 2019
Introduced in Senate
Sep 9, 2019
Read twice and referred to the Committee on Finance.
  • September 9, 2019
    Introduced in Senate


  • September 9, 2019
    Read twice and referred to the Committee on Finance.
Jeff Merkley

Jeff Merkley

Democratic Senator

Oregon

Finance Committee

Taxation

Related Bills

  • S 116-2312: Equity in Compensation Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Corporate finance and managementIncome tax ratesWages and earnings