Productivity Incentive Act of 1982

[AI summary unavailable — showing source text] Productivity Incentive Act of 1982 - Amends the Internal Revenue Code to allow an income tax credit equal to five percent of the payments made by a taxpayer to an employee under a productivity incentive plan. Defines "productivity incentive plan" as a written plan which provides bonuses to employees resulting from increases in a company's productivity or cost-savings.…