Jeff Green and Sahil Kapur, Bloomberg, June 5, 2018
Republicans are considering a fix to a provision in their new tax law that they acknowledge could inadvertently penalize victims of sexual harassment in the workplace. But congressional gridlock before midterm elections in November means there’s no guarantee that the problem will be corrected quickly, if at all.
President Donald Trump’s tax overhaul eliminates the deduction companies used to be able to take when they settled sexual harassment cases and included non-disclosure agreements, which generally keep details secret as a condition of the payout.
So far, about 300 executives and other high profile leaders, mostly men, have been accused of sexual harassment or other improper behavior related to the so-called #MeToo movement, according to New York crisis counseling company Temin & Co., based on an ongoing count of actions pulled from media coverage and other public information. That doesn’t include actions taken that weren’t made public, according to Temin. […read more]