Tax Excessive CEO Pay Act of 2025

Hozzl · 2025-10-09T08:05:46Z

Explore the details of House Bill 5298 Tax Excessive CEO Pay Act of 2025 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

10/9/2025, 8:05 AM

Summary of Bill HR 5298

This bill, designated as H.R. 5298 in the 119th Congress, aims to modify the Internal Revenue Code of 1986 by introducing a corporate tax rate increase for companies surpassing a CEO-to-median worker compensation ratio of more than 50 to 1. The bill includes provisions related to this adjustment and addresses other purposes not specified in the provided context. Introduced on September 11, 2025, the bill seeks to address income disparity within corporations through targeted tax adjustments.

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Current Status of Bill HR 5298

Bill HR 5298 is currently in the status of Introduced to House since September 11, 2025. Bill HR 5298 was introduced during Congress 119 and was introduced to the House on September 11, 2025. Bill HR 5298's most recent activity was Referred to the House Committee on Ways and Means. as of September 11, 2025

Bipartisan Support of Bill HR 5298

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Policy Area and Potential Impact of Bill HR 5298

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 5298

To amend the Internal Revenue Code of 1986 to impose a corporate tax rate increase on companies whose ratio of compensation of the CEO or other highest paid employee to median worker compensation is more than 50 to 1, and for other purposes.

Comments

Skyler Brewer

443

2 months ago

I can't believe this new bill is gonna tax CEOs so much. It's just not fair. They work hard for their money and now they're gonna be punished for it. This is gonna hit me in the wallet too. It's just not right.