2020 presidential candidate Kamala Harris is unveiling a plan that aims to close the alleged gender pay gap.
She will do so by fining corporations who pay men more than women.
Under Harris’ plan, companies must reveal their pay policies while submitting an application for a mandatory “Equal Pay Certification” from the Equal Employment Opportunity Commission. According to the AP, companies that fail to meet these standards “would be fined 1% of their profits for every 1% wage gap they allow to persist for work of equal value.”
The California Senator claims $180 billion would be collected over 10 years. Fines will then decrease during this timeframe as companies bolster their equal pay policies.
Read the full story from Big League Politics
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