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Income Equity Act of 2007
To amend the Internal Revenue Code of 1986 to limit the deductibility of excessive rates of executive compensation.
Other Bill Titles (2 more) 10/17/2007--Introduced.
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)b> require such employers to file a report on compensation paid to their employees with the Secretary of the Treasury.
... moreSee Full Bill Text
Committees
Amendments
This bill has no amendments.
Bill Status
| Introduced |  | Voted on by House | | Voted on by Senate | | Considered By President | | Bill Becomes Law |
| October 17, 2007 |
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Blog Coverage
November 27, 2008 Real Estate Blog - Normalizing Executive Compensation - How ...
See for example the Income Equity Act of 2007, HR 3876 IH, which I found at http://www.thomas.gov/cgi-bin/query/D?c110:1:./temp/~c110ertaBD:: This latter proposed legislation, however, still reeks of resentment and a suspicion of ...
Source: Bill Carleton's Blog
November 25, 2008 Sinasabi: Social Math
... in fact has been put forward first by representative Martin Sabo, and now sponsored by Congresswoman Barbara Lee (see H.R.3876) that proposes CEO pay above and beyond 25x the lowest paid worker ought not to be tax deductible. ...
October 15, 2008 Congressional COMMITTEE ON ECONOMIC AND EDUCATIONAL OPPORTUNITIES ...
On August 1, and August 2, 1996 the Committee on Economic and Educational Opportunities assembled to consider H.R. 3876. H.R. 3876 was favorably reported by the Committee on August 2, 1996, by a recorded vote of 23â2. ...
Source: Docstoc feed for: BUZZ
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