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senate Bill S. 2849

Should Corporations’ Tax Rates Increase if Executives are Paid Excessively?

Argument in favor

Corporations that overpay their executives at the cost of fairly compensating the average employee or investing in the company’s long-term growth are short-changing American workers in favor of lining senior management’s pockets. Such companies are contributing to overall economic inequality in the U.S., and should be required to pay a higher corporate tax rate as a penalty for their failure to look out for workers’ best interests.

KansasTamale's Opinion
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12/01/2019
It’s hard to make blanket assumptions about a company from just the salary of the CEO. BUT if that salary is 10% above the workers salary that company has enough money to pay more taxes. There is no reason for millions & millions going to the boss when the workers who actually know the bottom floor of that business and RUN the company make $30,000 or less. That’s what a $15.00 an hour minimum wage worker makes. Those Corporations that overpay their executives at the cost of the average employee are short-changing American workers & the people who buy their products. Such companies are contributing to overall economic inequality in the U.S., and should be required to pay a higher corporate tax rate as a penalty for their failure to look out for workers’ best interests.
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Jim2423's Opinion
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12/01/2019
CEO’s seem to get the biggest bonus’s and pay raises. Yet everyone with a brain knows it’s the floor worker who actually makes the company money. CEOs are the biggest overhead.
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Mindfulness's Opinion
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12/01/2019
Here’s where the so-called evangelicals-bible thumpers seem to ignore the Scriptures advocation of “...those who have more..should give more..” Or, do they accept...”Greed is Good..”. You know this truth, don’t you?
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Argument opposed

Runaway executive compensation is a corporate governance, not tax, problem — and it isn’t the federal government’s job to determine what excessive pay is. If lawmakers are serious about requiring companies to pay workers more, they should look to corporate governance reform, not the imposition of a tax penalty for high corporate executive compensation relative to workers’ pay, to compel corporations to raise workers’ raise.

Keith's Opinion
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12/01/2019
It is not the governments responsibility to regulate this. If shareholders don’t like it they will take action. Government needs to stay out of business. In fact they need to stay out of everything possible.
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Bob's Opinion
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12/01/2019
Taxation is theft, and companies should be allowed to pay as much as they want to whomever they want.
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James's Opinion
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12/01/2019
Heck No! Get off this Socialist minded BS. Corporations need to draw the best and brightest in the business world! When that corporate exec brings his or her talent and know how too that corporation and makes not only that corporation but it’s shareholders and employees successful as well plus giving a lot of $$$$ to charity! That’s a winning situation And they should not be penalized! It’s one thing if they are sending jobs and manufacturing overseas and stuffing their own pockets however if they are truelly American with majority of their workers and business here then Bravo for them!
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bill Progress


  • Not enacted
    The President has not signed this bill
  • The house has not voted
  • The senate has not voted
      senate Committees
      Committee on Finance
    IntroducedNovember 13th, 2019
    Heck No! Get off this Socialist minded BS. Corporations need to draw the best and brightest in the business world! When that corporate exec brings his or her talent and know how too that corporation and makes not only that corporation but it’s shareholders and employees successful as well plus giving a lot of $$$$ to charity! That’s a winning situation And they should not be penalized! It’s one thing if they are sending jobs and manufacturing overseas and stuffing their own pockets however if they are truelly American with majority of their workers and business here then Bravo for them!
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    Get your damn hands out of other people’s pockets bernie!!!
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    If they have so much excess in capital they should be paying more in taxes
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    If they can afford to pay executives an excessive salary, they can afford to pay more in taxes to support the country that has allowed them the ability to do so.
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    Why have a different set of Rules for their Payrolled Employees CEO or not they need to pay their TAXES like us normal civilians. Scary all these things have been going on for so long with no action or remediation in Washington DC. Wonder what they do all day long?
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    Everyone should pay their fair share!
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    Yes! These ridiculous salaries need to stop. There are millions starving in the streets America looks like India in the 50's! The GREEDY TOP 1% NEEDS TO GO!
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    There seems be be no limit to corporate greed, it is one thing to have a free market, it is another to suppress wage and benefits at the bottom only to give it to the top and share holders. Companies only have so much money. The insensitive is to gut the company sell off assets and move to a cheeped country because of America write offs and loop hole insensitive. Corporations will say it is not true. Corporations try to buy market shares also buy moving operation to other countries as well.
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    That money should go to where it can help the most, not to already-wealthy executives.
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    The money should be distributed to all employees, or taxed.
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    Corporations are no longer paying their fair share.
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    I’m so sick of hearing Bernie yell at everyone about income inequality. It’s just communist propaganda. I can’t wait for the DNC to sh*t on his dreams again so the jerk will go away.
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    Worker pay needs to catch up. CEO’s are woefully overpaid.
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    Is it okay for a sitting president to bribe a foreign government into investigating a political rival for personal gain, in return for aid already approved by Congress.? Our founding fathers didn’t think so and planned for it. Giuliani in talks to be paid by Ukraine official, while they were working together to attack trumps political opponent. Donald McGhan ordered to comply with subpoena. Bolton’s next:) Devin Nunez met with Ukrainians and directly pushed for Biden investigations. The meetings were set up by Giuliani’s Russian criminal friend Lev Parnas. Sondland was on a “Domestic Political Errand.” Was there a quid pro quo? Sondland, “Yes”. “Everyone was in the loop”. David Holmes, testified that Ukrainian officials “came to understand what was required” in order to get military assistance and a meeting with trump. U.S. ambassador to Ukraine felt threatened by trumps remarks and was threatened by trump while testifying. Long time friend and confidant of trump Roger Stone, found guilty of lying and witness tampering. trump has asked the Supreme Court to keep his taxes hidden, so no more separation of powers in the government. trump sought status of Ukraine investigations showing aid was depended on the investigations themselves. trump complains that witnesses all speak from 2nd and 3rd hand knowledge yet ordered Mulvaney not to testify. Laura Cooper testified that the Pentagon sought clarification from the trump administration about the hold up of the Ukraine aide and received none. A second person has said they reported sexual misconduct involving a former doctor who’s been accused of sexually abusing nearly 300 men over a 17-year period to Rep. Jim Jordan (R-Ohio) Ukrainian President Volodymyr Zelensky and his staff felt they would not get the millions of dollars in aid money without publicly committing to launch the investigations Trump wanted. Senior trump administration officials considered resigning en masse in a ‘midnight self massacre’. State Department official says Giuliani was engaged in a campaign ‘full of lies and incorrect information’ about former ambassador. trump has issued pardons for two soldiers being tried for war crimes and returned rank to a soldier who took a selfie with a dead body. trump to pay $2 million for charity foundation misuse. trump wanted attorney general Barr to hold a news conference saying the president broke no laws on Ukraine call. White House official who heard trumps call with Ukraine president was told to keep quite. White House lawyer moved transcript of trump call to classified server after Ukraine adviser raised alarms. He has politicized our national security and has chosen Putin and other dictators over our own congress and security agencies. “I stated to Amb. Sondland that his statements were inappropriate, that the request to investigate Biden and his son had nothing to do with national security, and that such investigations were not something the NSC was going to get involved in or push,” Vindman adds. Lt. Col. Alexander S. Vindman, a top Ukraine expert on the National Security Council is testifying that trump demanded that a foreign government investigate an American citizen in exchange for Congresses approved aide. Just reached a $984 billion deficit while he lines his pockets with our tax dollars and foreign money at his resorts. $400 million in aide money was withheld from Ukraine back in August and Ukrainian leaders were told it was not red tape, that they needed to talk to Chief of Staff Mulvaney to resolve it and make a CNN statement about Biden in order to receive said aide. Rudolph W. Giuliani, the president’s personal lawyer, is running a shadow foreign policy in Ukraine that circumvents U.S. officials and career diplomats in order to personally benefit President trump. Igor Fruman and Lev Parnas. Look them up. North Korea just tested a submarine launched missile. Deserted our Kurdish allies who have been fighting ISIS with us and now are being slaughtered. All because he has a tower in Istanbul. “The Americans betrayed us. We do not trust them anymore,” she added. These used to be our Kurdish allies that stood against ISIS. He is refusing to comply with the law. He is using the power of the presidency to withhold aide to one of the worst humanitarian crisis on the planet in exchange for political favors in order to sway the 20/20 election. He is acting like a criminal and threatening the life of the whistleblower. Mr. America first is sending troops to Saudi Arabia in support of a murdering dictator who spends millions at his hotels and resorts. Corey Lewandowski testified to congress that trump ordered him to obstruct justice. He is blocking information that pertains to the safety of our country from reaching congress. He has been threatening NOAA, a federal agency, with punishment if they do not disavow the truth and side with his lies. He invited the Taliban to Camp David the week of 9/11. He is a #PussyAssBitch He’s doctoring weather maps to try and prove he’s not an idiot. He has stayed at trump properties 293 days in 3 years, that’s our tax dollars going directly into his pocket. He took money from military daycares to pay for a wall that won’t work and no one wants. The Vice President and the Attorney General are both spending tax payer dollars on trump hotels, lining his pockets and currying his favor. He has privately instructed aides to skirt laws and regulations to get the wall built faster — and told them he will pardon them if necessary. He is pressuring a government agency to give a contract for his wall to a company whose chief executive is a donor to one of his top GOP allies in Congress. He took hundreds of millions from 127 different projects (FEMA being one of those) for his wall. He thinks nuking a hurricane is an idea. He is host the next G-7 at one of his own resorts. Again our tax dollars paying him directly. He taunted Iran by tweeting a classified image of an Iranian rocket that had exploded, thereby potentially compromising U.S. intelligence capabilities. His own company would save millions from the low interest rates he is demanding. He was going to give you tax cuts through your paychecks but decided not to. This year the richest of us payed less in taxes than the rest of us. He is destroying the economy with HIS trade war. We will soon average a 1.2 trillion deficit. He is repeating NRA talking points on background checks so expect no action taken regardless of the fact there has been 27 arrested over threats to commit mass attacks since El Paso( NOT TOLEDO). He made fun of republicans being afraid of the NRA and then caved after a 30 minute phone conversation with them. He bragged about indefinite child detention because it brings families together. He is refusing flue shots, that protect us all(google influenza pandemic), to immigrant children. He is attacking fellow congresswomen in really disgusting ways and making anti-Semitic remarks about Jews calling them disloyal. He thinks he’s the chosen one based on a conspiracy theory web sight. He has: Obstructed Justice. Is profiting from the Presidency. Colluded - They had a meeting & lied about it. Advocated political & police violence. Abuse of power. Engaging in reckless behavior. Persecuting political opponents. Attacking the free press. Violating immigrants Right to Due Process. Violating campaign finance laws. Racist: Speaks directly to and often tweeting straight from white supremacists. Calls them very fine people. Told fellow congresswomen to go back where they came from. Called them shit hole countries. Called them murderers and rapists. Calls her Pocahontas. Took out full page adds calling for the death of five innocent black kids in New York, 1989. Literally has said in an interview he has Hitlers speeches, My New Order in his nightstand. Our Money: Spent campaign finance money on hush payments to silence a porn star he had an affair with in order to hide it from the voters. Has spent over $100 million of our tax dollars playing golf at his own golf courses. Has never divested from companies and advertises and profits off the White House. Was going to cut Medicaid and Medicare funding to pay for the tax cuts he gave to the rich. Is actively destroying farmers lives with his trade wars that we all know only hurts our pockets not Chinas. Has made the lives of every truck driver across America as well as our own, more dangerous by removing safety regulations that only benefits the pockets of the CEOs of those companies. Has removed any and all protections we had in place from work safety, environment, women’s rights, LGBTQ rights and gives that power back to the CEOs, oil companies, men and old white men. Saudi funded lobbyist rented 500 rooms at a trump hotel he never divested from right after he became president. Wonder why? Sexual Predator: Accused by more than 20 women of molestation and rape. Bragged about said molestation on tape. Has cheated on all three wives (see above). Has made sexual remarks on camera about his daughter. Belittles and bully’s women. Not even sure he’s aware he has two daughters. Idiot: Has allowed North Korea to grow there nuclear weapons program. Took the side of Putin over America’s own security agencies on the national stage. Lacks the intelligence and facts needed to communicate on a global level much less national one. Makes policy decisions based on FOX media. Lies when speaks. Doesn’t believe in science and quite often displays his ignorance of it. Russia: Lied about meetings with Russians. Lied about a trump tower Moscow. Personal attorney Michael Cohen (same guy who broke campaign finance laws under trumps direction) had contacts with russian officials. National Security aide Flynn resigned over Russian contacts. Jeff Sessions recused himself because of Russian contacts. Manafort resigned because of Russian contacts. Campaign foreign policy adviser Papadopoulos met with Russians then bragged about it to Australians who then turned that info over to our FBI. Sixteen campaign officials had contacts with Russia and at least nine others new about it. Russian mobster lived in trump tower. trump casino was flagged 106 times for lax money laundering standards and same Russian frequently stayed at trump casino. Has been selling real estate to Russians for years. It really is surprising how many connections to Russians this man has. Rick Scott, Marco Rubio, Bill Posey You are my representatives. OLC policy: The indictment or criminal prosecution of a criminal investigation of a sitting President would unconstitutionally undermine the capacity of the executive branch to perform its constitutionally assigned functions. It’s time to do your job. You swore an oath to this country, it’s people and me to uphold the constitution. The president has never upheld that oath. How do you want to be remembered?
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    This is a way to incentivize control of executive salaries. Companies should be putting money into their business or their people rather than trying to create more billionaires.
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    While I do believe a free market is vital to American economy and society, corporations that seek to overpay their executives and underpay their workers should be taxed more. The tax implemented would be very small and would not largely negatively impact those businesses. If corporations don’t want to be taxed, they should start giving their workers a larger salary / wage instead of allocating all money to themselves. Income inequality is a huge problem which this bill would possibly solve.
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    Define paid excessively. Most CEO’s of major corporations make a couple of million a year plus huge stock giveaways and other perks. Why deal with this crap? REPEAL THE TRUMP TAX SCAM!
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    No. Tax tax tax legislate legislate legislate is all those liberal socialist hypocrite Democrats want to do.
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    Certainly seems reasonable does it not
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    You can afford to pay execs great money and quite often for a little work then you can definitely afford to pay higher taxes. You break the backs of your workers trying to make your value go up on Wall Street so you can turn around and get a big bonus. Well let’s take away a little of that big bonus and give it back to America. After all, and Obama’s own words, “You didn’t build that” and “ you didn’t make that” and “ you didn’t create that”
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