Hi there,

Democratic Wins Media just wrote a great article about my new legislation, the SHARE Plan Act.

In the article they said my legislation is:

“a fresh take on Democrats’ focus on trying to shrink the wealth gap but with a more centrist spin. Suozzi’s new tack is winning bipartisan buy-in. Rep. Mike Kelly (Pa.), the top Republican on the Ways and Means Tax Subcommittee, is co-leading the effort. Nine other Ways and Means Committee members from both parties are signed on.”

Here’s how it works: If a company gives at least 5% of its stock to the lowest-paid 80% of its workforce, it qualifies for a 3% corporate tax cut.

That’s it. No mandates. No red tape. Just a straightforward incentive to reward the people who help build a company’s success.

It gives workers real ownership. When the company does well, employees benefit directly.

This bill is already gaining bipartisan support, including from my Republican colleagues on the Ways and Means Committee. It’s a practical idea that speaks to a simple belief: if you help build something, you should have a stake in it.

I'm proud to lead this effort. As I’ve said before, the Democratic Party needs to get back to basics with a strong economic message. This will help us rebuild and get back to winning again. 

Thank you for reading this and staying informed. If you like the work I’m doing in Congress, chip in here to support my campaign.

—Tom

Tom Suozzi is the Representative for New York's 3rd Congressional District. He is a former Nassau County Executive and Mayor of Glen Cove. Tom has committed his 30-year public service career to delivering for his constituents. His philosophy of working with anyone who shares his goal of solving problems and delivering for his constituents has guided his career and led to notable accomplishments on issues including immigration, environmental protections, common-sense gun reform, caring for our veterans, affordable healthcare, and fiscal responsibility.