Worker Asset Recognition Act
Workers' skills, talents and education are ASSETS, not expenses. Companies must count workers' skills, talents, education, and performance on their balance sheets and share profits based on their value. Finally—workers get their fair share!
👷 What Does This Bill Do?
Right now, companies treat workers like COSTS to cut—not investments to grow. This bill changes that! Big companies must put workers on their balance sheets as "Human Capital Assets" (just like buildings and equipment but for workers it is their education, skills, talents and job performance that have capital value. Corporations don't "own" workers but workers bring currently unrecognized non-monetary capital ASSETS to the company). Then they must pay workers a "Worker Capital Dividend"—a share of profits based on how valuable the workforce is. Your education, experience, and skills count! Small businesses are exempt. Generates $2.3-2.6 TRILLION over 10 years—70% pays down debt, 30% funds free community college!
💡 The Big Shift: Workers = Assets
Accounting rules shape how companies think. Change the rules, change the thinking.
❌ Old Way
Workers are "expenses"
Cut them to boost profits
Not on balance sheet
✅ New Way
Workers are "assets"
Invest in them to grow value
Listed on balance sheet
🏛️ Four Pillars of WARA
Human Capital Accounting
Workers on balance sheets with real dollar values assigned to their skil levels, talents, performance and education level
Worker Capital Dividend
Mandatory profit-sharing based on worker skills value
Market Stability Fund
$100B fund prevents panic selling during transition
Education Investment
30% of surplus funds free community college
📊 Your Education & Skills Have Real Value
Here's what your qualifications are WORTH under Human Capital Asset accounting:
High School Diploma
Base value
Trade Certification
Skilled trades
Bachelor's Degree
4-year college
Master's Degree
Graduate school
Professional Degree
JD, MD, etc.
20+ Years Tenure
Loyalty multiplier
💵 Worker Capital Dividend: Your Share of Profits
Companies must share profits with workers based on how valuable the workforce is!
Equal Share
Split equally among all workers
By Pay
Proportional to base salary
By HCA Value
Based on education & experience
🛡️ Retirement Protections: No Cutting Benefits!
Companies CAN'T cut your 401(k) or pension to pay for Worker Dividends!
7-Year Maintenance Period
Must keep retirement benefits at current levels for 7 years
No Substitution
Dividends are EXTRA—can't replace wages or benefits
Private Right of Action
Workers can sue if companies cheat—get 300% damages!
Whistleblower Protection
Report violations safely—$250K penalty for retaliation
💰 Where the Money Goes
Generates MASSIVE revenue—pays down debt AND funds education!
Debt Reduction
Pay down the $35 trillion national debt
Higher Education
Free community college, 75% off 4-year public universities
📋 Who Does This Apply To?
✅ Covered Entities
- Publicly traded companies (SEC registered)
- 250+ employees AND $50M+ revenue
- Large private companies above thresholds
🏠 Small Business Exempt
- Under 50 employees
- Under $25M annual revenue
- Family-owned under 500 employees
- Sole proprietors, partnerships, LLCs
🛡️ Built-In Protections
Anti-Manipulation
300% penalties for gaming the system.
Corporate Autonomy
No federal control of wages, hiring, or strategy.
No State Mandates
States may decline without losing other funds.
Deficit-Neutral Required
OMB/CBO must certify before spending.
GAO Review at Year 12
Comprehensive evaluation before reauthorization.
Sunset Provisions
Capital gains rates expire after 10 years.
👷 Workers Are Worth More
For too long, accounting rules treated workers as expenses to cut—not investments to grow. The Worker Asset Recognition Act changes that. Big companies must put workers on their balance sheets and share profits based on workforce value. Your education, experience, and loyalty FINALLY count! Small businesses exempt. Generates $2.3-2.6 trillion—70% pays down debt, 30% funds free community college. Strong protections ensure dividends are EXTRA, not substitutes for retirement benefits. That's showing your work.
Gregory Burgess for Congress
No Party Preference • California's 2nd Congressional District
"Show Your Work" Campaign