cazabon, (edited ) For any #company which lays off 1% or more of their #staff in a given fiscal year, all #executive #bonus #income or other #compensation besides base #salary and health benefits shall be taxed at a #marginal #rate of 100%.
The tax shall be repeated in the following year, regardless of #layoffs. If more layoffs follow, it is extended until a full fiscal year without layoffs passes.
The proceeds are split 50/50 between government and the laid-off employees.
Add comment