Legislative Costing Note

Revenue of a Corporate Tax Rate Increase Based on CEO-to-Median Worker Pay Ratio

Dec 6, 2023
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Motion M-87, Corporate Tax Rate Increase and Disclosure of CEO-to-Median-Worker Pay Ratio, introduced by Member of Parliament Jagmeet Singh, proposes to implement an increase in the corporate income tax rate for large corporate entities that have a disparity in their CEO-to-median worker pay ratio.