In an effort to force corporations to pay higher wages to their lower-income employees, Sen. Bernie Sanders (I-VT) introduced legislation earlier in September that would require employers with 500 employees or more to pay a tax equal to the amount of federal benefits received by their employees. The legislation, titled the “Stop Bad Employers by Zeroing Out Subsidies (BEZOS) Act,” would apply to employers who have employees enrolled in various welfare programs, including Medicaid, the...
No single company gets perhaps as much attention in the news as Amazon. The online retailing giant has surpassed $1 trillion in market value and is now searching for a city to place its second headquarters.
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Among those who lauded the decision was Bernie Sanders who said he hoped, like Bezos, it would be imitated by other companies and spark change across different industries.