An Act establishing a tax on excessive executive compensation

Summary

The bill would create a tax on executive pay that exceeds a certain level, targeting companies that award high compensation to their top officers. It is intended to reduce income inequality and discourage overly large pay packages. The measure would affect corporations and their executives by adding a tax liability on excessive compensation.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share