What is your thougnts on Bill 5298 (Tax Excessive CEO Pay Act of 2025)

So for those who dont know what I am referring to I am asking about

https://www.congress.gov/bill/119th-congress/house-bill/5298

The bill talks about penalizing a company per how many times greater are their CEO paid compared to the median worker. The penalty would start at +0.5% if above 50 but below 100 times. And go up to +5% if above 500 times.

I am curious about your general thoughts on such a bill. Would it help in increasing the median wage of US workers? Or would there be some consequence that could make the situation worse? Or will nothing change?

I am the personal opinion that this bill wont get pass introduction because lobying but I think such a bill would help a bit with the median salary and help the US economy in general by increasing the amount of people available for the consumer market if it did pass.