U.S. Congress - H.R.3876 Income Equity Act of 2007
H.R.3876 - Income Equity Act of 2007
To amend the Internal Revenue Code of 1986 to limit the deductibility of excessive rates of executive compensation. view all titles (2)
All Bill Titles
- Official: To amend the Internal Revenue Code of 1986 to limit the deductibility of excessive rates of executive compensation. as introduced.
- Short: Income Equity Act of 2007 as introduced.
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Official Summary
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) require such employers to fiOfficial Summary
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) require such employers to file a report on compensation paid to their employees with the Secretary of the Treasury.
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Recent Blog Coverage
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argyabusador: congress aprove penalization laws for ceos who earn ...
Lee about her new H.R. 3876: âIt is time to reconnect the economic fortunes of the executive suite with those of the front-line employee, and that is what this bill does.â A corporate watchdog group is urging shareholders at Oracle, ...
BenefitsLink Health & Welfare Plans Newsletter (HTML format)
HR 3876, which would cap the deductibility of such compensation to 25 times the pay of that company's lowest-paid worker, now has the backing of 27 members of Congress." (Investment News; free registration required) ...
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 ...
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