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guillaumeb

(42,641 posts)
Fri Aug 24, 2018, 05:28 PM Aug 2018

To Force Billionaires Off Welfare, Sanders Tax Would Make Corporations Fund.......

To Force Billionaires Off Welfare, Sanders Tax Would Make Corporations Fund 100% of Public Assistance Their Low-Paid Workers Receive

From the article:

Amazon CEO and world's richest man Jeff Bezos makes more money in ten seconds than his company's median employee makes in an entire year, and thousands of Amazon workers are paid such low wages that they are forced to rely on food stamps, Medicaid, and other forms of government assistance to survive.


"While Mr. Bezos is the most egregious example, the Walton family of Walmart and many other billionaire-owned large and profitable companies also enrich themselves off taxpayer assistance while paying their workers poverty-level wages."
—Sen. Bernie Sanders


Declaring that this ever-growing gulf between the obscene wealth of top executives and the poverty wages of workers—which is hardly unique to Amazon—is morally unacceptable, Sen. Bernie Sanders (I-Vt.) announced on Friday that he will introduce legislation next month that would impose "a 100 percent tax on large employers equal to the amount of federal benefits received by their low-wage workers" in an effort to pressure corporate giants into paying a living wage.


To read more:

https://www.commondreams.org/news/2018/08/24/force-billionaires-welfare-sanders-tax-would-make-corporations-fund-100-public?cd-


And yes, [proposing is not passing. But unless or until we change the narrative and the dialogue on the US, the 1% will continue to get richer at the expense of the rest of us.

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To Force Billionaires Off Welfare, Sanders Tax Would Make Corporations Fund....... (Original Post) guillaumeb Aug 2018 OP
Oh, Bernie! We love you! NurseJackie Aug 2018 #1
Do you agree with the premise? guillaumeb Aug 2018 #2
It's the perfect solution. Everything we've been waiting for. NurseJackie Aug 2018 #4
Why did you ignore my question? guillaumeb Aug 2018 #5
I didn't. NurseJackie Aug 2018 #9
How will he deal with employers firing or not hiring people who have or may apply for benefits? rzemanfl Aug 2018 #3
Low wage jobs arre the WalMart model. guillaumeb Aug 2018 #6
What I am asking is how will this law avoid discrimination in hiring and firing? n/t rzemanfl Aug 2018 #7
I have no idea. guillaumeb Aug 2018 #8
Someone needs to have an idea. It would be pretty easy to stop hiring people who have or might have rzemanfl Aug 2018 #11
But if Bezos knew that when his poorly paid warehouse workers guillaumeb Aug 2018 #17
Without protections for workers this is a bad idea IMHO. n/t rzemanfl Aug 2018 #24
Which brings up the US treatment of workers generally. guillaumeb Aug 2018 #25
When I moved to Florida I was shocked by the number of people with more than one job. rzemanfl Aug 2018 #35
An observation that I agree with and remember. guillaumeb Aug 2018 #50
So did non-union folks. It was a different time. 92% top tax bracket. n/t rzemanfl Aug 2018 #52
And the class warfare intensified under Reagan, guillaumeb Aug 2018 #55
I went into a Walmart recently. Blue_true Aug 2018 #15
Which brings up a question: guillaumeb Aug 2018 #23
I don't know. I will ask next time I go there. Blue_true Aug 2018 #33
It does make one wonder. eom guillaumeb Aug 2018 #49
In red areas like mine (2:1 repugh to Dem). Blue_true Aug 2018 #68
Your guess is my guess. guillaumeb Aug 2018 #69
hiring discrimination based upon these details is almost certainly illegal now and would continue to JCanete Aug 2018 #16
The discrimination would have to be proven or the government would have to protect the workers. rzemanfl Aug 2018 #32
Give them jobs at the local federally owned Department of Energy solar panel factory. Volaris Aug 2018 #44
Or the USPS. Or the VA. guillaumeb Aug 2018 #51
Or public Internet access. Volaris Aug 2018 #56
Or the TVA, which brought electricity to the rural South. guillaumeb Aug 2018 #57
Yep. And don't believe for a short minute that the Republicans that live down there Volaris Aug 2018 #60
They want to make a profit from everything. guillaumeb Aug 2018 #61
Always good to remember that anyone willing to pay you minimum wage gtar100 Aug 2018 #10
Exactly. And the companies know that by externalizing their costs guillaumeb Aug 2018 #19
The problem with Amazon is that the vast majority of their jobs are part time TexasBushwhacker Aug 2018 #12
The problem with Amazon is that Bezos is getting obscenely rich guillaumeb Aug 2018 #26
After reading an article from the Washington Post it should be mentioned TexasTowelie Aug 2018 #13
Without weighing in on whether this is the best idea since I'm definitely uncertain of its full JCanete Aug 2018 #22
Possibly TexasTowelie Aug 2018 #39
Part of the struggle is changing the dialogue on what is needed in the US. guillaumeb Aug 2018 #29
We tried a corporate "head tax" in Seattle ismnotwasm Aug 2018 #14
The law is directed at the larger corporations. eom guillaumeb Aug 2018 #20
Bernie's plan only targets corporations with 500 or more employees. Uncle Joe Aug 2018 #28
Wow! Median income of $28.446 means 1/2 of all their workers are making less! rgbecker Aug 2018 #36
Seattle's head tax targeted businesses making 20 million or more ismnotwasm Aug 2018 #38
That would result in corporations hiring workers w/o children. Honeycombe8 Aug 2018 #58
lol Saul Spady melman Aug 2018 #37
Hey! It's you! ismnotwasm Aug 2018 #40
Kicked and recommended. Uncle Joe Aug 2018 #18
And I am glad that some politicians want to change the dialogue. guillaumeb Aug 2018 #21
I feel the same way guillaumeb Uncle Joe Aug 2018 #31
commondreams. LOL...nt SidDithers Aug 2018 #27
The Long Angeles Times. LOL + text Uncle Joe Aug 2018 #30
I am not listening to Sanders anymore katmondoo Aug 2018 #34
What a bunch of nonsense. kacekwl Aug 2018 #48
Booyah! KPN Aug 2018 #41
Here's an interesting question - why does Sanders sell his books on Amazon? George II Aug 2018 #42
Needs must when the devil drives I guess ismnotwasm Aug 2018 #43
where else is he supposed to sell it ? JI7 Aug 2018 #46
Maybe you should think about it. kacekwl Aug 2018 #47
An easy one to answer, and thank you for asking. guillaumeb Aug 2018 #53
I just searched google with "booksellers near me" George II Aug 2018 #62
Bookstore Chains, Long in Decline, Are Undergoing a Final Shakeout guillaumeb Aug 2018 #64
So why doesn't he write legislation to help out indy bookstores and authors? ucrdem Aug 2018 #63
I disagree. guillaumeb Aug 2018 #66
It sounds good, but it would a nightmare calculating the benefits rec'd by millions of workers... Honeycombe8 Aug 2018 #45
An easier way to do it would be to mandate a living wage. guillaumeb Aug 2018 #54
What I really think is whatever legislation has to be flawless ismnotwasm Aug 2018 #65
This proposal is not simplistic, guillaumeb Aug 2018 #67
Sounds like his book isn't faring so well on Amazon. ucrdem Aug 2018 #59

guillaumeb

(42,641 posts)
2. Do you agree with the premise?
Fri Aug 24, 2018, 05:33 PM
Aug 2018

Or do you feel that US taxpayers should subsidize the predatory business model?

rzemanfl

(29,557 posts)
3. How will he deal with employers firing or not hiring people who have or may apply for benefits?
Fri Aug 24, 2018, 05:36 PM
Aug 2018

Sounds like lots of low wage jobs for us old folks with Social Security and Medicare.

guillaumeb

(42,641 posts)
6. Low wage jobs arre the WalMart model.
Fri Aug 24, 2018, 05:40 PM
Aug 2018

As are the majority of Amazon warehouse jobs. And taxpayers subsidize these low wages when the current employees apply for and qualify for taxpayer funded benefits.

guillaumeb

(42,641 posts)
8. I have no idea.
Fri Aug 24, 2018, 05:45 PM
Aug 2018

Age discrimination is illegal. And every time a WalMart or Amazon employee qualifies for public assistance, that money is subsidizing Bezos and the Walton family so if the corporations had to pay back the money to the taxpayers, there would be every incentive for the employer to pay every employee an actual living wage.

Imagine the boost to the economy if many millions actually received a living wage.

rzemanfl

(29,557 posts)
11. Someone needs to have an idea. It would be pretty easy to stop hiring people who have or might have
Fri Aug 24, 2018, 05:53 PM
Aug 2018

children without asking the question directly. I think requiring a living wage is easier than trying to collect public benefits its back from corporations. How could that be done without a paper trail that leads back to the employee? How would the employee be protected from retaliation?

guillaumeb

(42,641 posts)
17. But if Bezos knew that when his poorly paid warehouse workers
Fri Aug 24, 2018, 06:11 PM
Aug 2018

applied for and received aid that aid would be levied on him in taxes. it would make paying those workers a non-living wage a bad strategy.

Yes, requiring a living wage indexed to inflation would do the same thing, but there is no support for that either.

So how do we change the dialogue?

guillaumeb

(42,641 posts)
25. Which brings up the US treatment of workers generally.
Fri Aug 24, 2018, 06:25 PM
Aug 2018

As rates of unionization fall, so do living standards.

The solution of the rich capitalists: let every poorly paid worker get another job.

rzemanfl

(29,557 posts)
35. When I moved to Florida I was shocked by the number of people with more than one job.
Fri Aug 24, 2018, 07:08 PM
Aug 2018

When I grew up, almost no one's mother worked. If they did, they were teachers or nurses. Employers paid living wages. I am not trying to invoke the master narrative, just making an observation about the 1950's.

guillaumeb

(42,641 posts)
50. An observation that I agree with and remember.
Fri Aug 24, 2018, 08:27 PM
Aug 2018

And of the 35% or so of unionized workers, a large number had pensions.

guillaumeb

(42,641 posts)
55. And the class warfare intensified under Reagan,
Fri Aug 24, 2018, 08:36 PM
Aug 2018

and the "center", so called, has moved farther to the right since that time.

Blue_true

(31,261 posts)
15. I went into a Walmart recently.
Fri Aug 24, 2018, 06:08 PM
Aug 2018

Unfortunately, in my red city Walmart is highend shopping, if one buys at a local retailer. Lots of really old people at the checkout counters that I surveyed before finding one to check out at, an old woman ran that register.

guillaumeb

(42,641 posts)
23. Which brings up a question:
Fri Aug 24, 2018, 06:16 PM
Aug 2018

Are these older workers supplementing inadequate Social Security benefits and paying for expensive medications?

Blue_true

(31,261 posts)
33. I don't know. I will ask next time I go there.
Fri Aug 24, 2018, 06:35 PM
Aug 2018

I could not believe the number of Mecedes, Lexuses, Landrovers, Infinities in the parking lot near my car. Really didn't expect that.

Blue_true

(31,261 posts)
68. In red areas like mine (2:1 repugh to Dem).
Fri Aug 24, 2018, 10:57 PM
Aug 2018

Walmart represents highend shopping because there is only one other option. In more progressive places there are lots of options. The number of expensive cars in the parking lot reflect that.

On old people working there. The area, like most of Florida is right to work, income inequality is massive here, there are lots of high paid or rich people and a lot more really poor people, most people like hand to mouth (lots and lots and lots of Dollar and Family Dollar stores and some discount grocers that I have never heard of). My guess, old people are working because they have zero retirement savings as most likely worked under the table most of their lives (common here).

guillaumeb

(42,641 posts)
69. Your guess is my guess.
Sat Aug 25, 2018, 05:10 PM
Aug 2018

Class warfare really accelerated under Reagan, and the country continues to pay the price.

 

JCanete

(5,272 posts)
16. hiring discrimination based upon these details is almost certainly illegal now and would continue to
Fri Aug 24, 2018, 06:09 PM
Aug 2018

be, however your point is a good one. It isn't what is legal but what a corporation can get away with that is at issue. Don't some of these companies actually encourage employees to supplement their income with government services? So while that may be in the interest of sustaining an underpaid workforce that continues to subsist by virtue of government programs, the alternative is that they could discourage workers tacitly, from signing up to these programs and still continue to pay for shit

I haven't looked into this proposal, and I like the sentiment, but I'm hesitant to assume this is the best way to deal with the issue at hand. A Minimum wage hike to 15 still seems like the better path, and I feel like on top of that, there should be a tiered system that scales minimum wage dependent on number of employees that a company employs. A Walmart's minimum wage should be higher than a mom-and pop shop. That might also encourage more fulltime positions since it would reduce overall employees.

rzemanfl

(29,557 posts)
32. The discrimination would have to be proven or the government would have to protect the workers.
Fri Aug 24, 2018, 06:30 PM
Aug 2018

As you suggest there could also be tacit discouragement. Raising wages is a better idea.

Volaris

(10,271 posts)
44. Give them jobs at the local federally owned Department of Energy solar panel factory.
Fri Aug 24, 2018, 08:07 PM
Aug 2018

I'm sooooo sick of this bullshit argument that the Govt is just not allowed to OWN THINGS (like Public nonprofit corporations).

Volaris

(10,271 posts)
60. Yep. And don't believe for a short minute that the Republicans that live down there
Fri Aug 24, 2018, 08:45 PM
Aug 2018

Believe otherwise. The old timers at least, know danm well that if it were otherwise, parts of the TVA would STILL be without electricity, because anyone else would have priced them out of the market.

Eric Prince is one of the 'new conservatives' tho, who think the govt should NOT get to 'own' it's own military...but should rent Eric Princes Army, instead.

To that I say Eric Prince can go get fucked right in his ear until he dies.

gtar100

(4,192 posts)
10. Always good to remember that anyone willing to pay you minimum wage
Fri Aug 24, 2018, 05:52 PM
Aug 2018

is willing to pay you less. I think it's appropriate to fine executives and shareholders of companies that pay such low wages that the workers require public assistance. That's actually a good litmus test - if a high rate of employees from a particular company apply for assistance, and the company is profitable, then the company execs and shareholders are liable for the cost to the public. I wonder how many of these rich people look down on welfare recipients, not seeing that they are the bigger welfare recipients through low wages, subsidies, tax breaks and over-priced government contracts. They love to rail on taxes but don't seem to complain much about wasteful spending if it's spent on them.

guillaumeb

(42,641 posts)
19. Exactly. And the companies know that by externalizing their costs
Fri Aug 24, 2018, 06:12 PM
Aug 2018

onto the US taxpayers, they can get even richer as average taxpayers effectively pay welfare to the 1%.

TexasBushwhacker

(20,190 posts)
12. The problem with Amazon is that the vast majority of their jobs are part time
Fri Aug 24, 2018, 06:03 PM
Aug 2018

The hourly pay may be decent, but people aren't allowed to work over 29 hours. I'm sure many people would like to work more than that, but since it's physical work Amazon may find they get better performance with shorter shifts.

Walmart does the same thing, but they also randomly cut workers hours. Managers get bonuses when they keep their labor costs low.

But I worry that paying taxes on SNAP benefits etc will cause an increase in discrimination against people with children.

guillaumeb

(42,641 posts)
26. The problem with Amazon is that Bezos is getting obscenely rich
Fri Aug 24, 2018, 06:26 PM
Aug 2018

at the expense of his workers and US taxpayers.

TexasTowelie

(112,197 posts)
13. After reading an article from the Washington Post it should be mentioned
Fri Aug 24, 2018, 06:04 PM
Aug 2018

that Amazon claims that a lot of their workers were only part-time employees or seasonal workers and some of them prefer that type of work. (Ref: https://www.washingtonpost.com/business/2018/08/24/thousands-amazon-workers-receive-food-stamps-now-bernie-sanders-wants-amazon-pay-up/? )

If this legislation were enacted would it result in the loss of job opportunities for those that choose not to work full-time? I could see where companies would eliminate those jobs if they believe that they are going to be penalized by such a law.

I can also see that it would become a record keeping hassle as employers have to maintain information about whether employees are receiving SNAP, TANF, public housing, etc. on a monthly basis.

Good for Bernie Sanders for introducing the bill. However, the bill isn't going anywhere this Congressional term and it won't be signed into law by a Republican president. It also won't be signed into a law by a Democratic president if the Republicans control either chamber of Congress.

 

JCanete

(5,272 posts)
22. Without weighing in on whether this is the best idea since I'm definitely uncertain of its full
Fri Aug 24, 2018, 06:14 PM
Aug 2018

impact, and there are certainly ways in which this may affect what part time positions are offered, I don't see this having much of an impact on labor hours as a whole. Companies will not reduce employment hours if they need those employees to sustain their production and their incoming profits. Its not as if they already keep a lot of fat on their payroll. If they need the employees they will hire them.



TexasTowelie

(112,197 posts)
39. Possibly
Fri Aug 24, 2018, 07:22 PM
Aug 2018

or they may determine that it is cheaper to max out the hours per employee so that they can reduce part-time staff. Salaried workers are sometimes put to work doing tasks that aren't associated with their expertise--I know because I went through it myself having to do data entry after regular hours even though was a programmer/analyst.

Meanwhile, your reply doesn't address the administrative bureaucracy that would be needed to comply with the legislation. Those costs will be substantial and they will be passed on to consumers with the major impact being on the people that are on the lowest economic rungs that see either won't see a wage increase or their wage increase nets out with everything they receive in government assistance.

I'm thankful that this legislation will never be passed because of all of the trees that would be killed and electrical power plants that will need to be built to enact and comply with it. The end result will be that those affected by the legislation will find some way to respond--a few will raise the wages, but many of the others will change their hiring practices or increase the use of automation. Net effect: A lot of time and energy spent chasing a problem that will vanish, but will impose additional permanent costs on business.

guillaumeb

(42,641 posts)
29. Part of the struggle is changing the dialogue on what is needed in the US.
Fri Aug 24, 2018, 06:27 PM
Aug 2018

And it cannot be the endless austerity for the workers so beloved by the rich.

ismnotwasm

(41,980 posts)
14. We tried a corporate "head tax" in Seattle
Fri Aug 24, 2018, 06:04 PM
Aug 2018

For Money for the homeless no less. It got repealed in very fast. While people like to bring up companies like Starbucks and Amazon, they leave out companies like Dicks Drive in—a successful though much smaller business and a Seattle icon, who were also against the tax.
https://komonews.com/news/local/seattle-council-repeals-homeless-head-tax-on-big-businesses
http://mynorthwest.com/988746/dicks-drive-in-head-tax/?

So while sure, open up the taxation dialogue, because there is an incredible disparity, but consider all aspects.

Uncle Joe

(58,362 posts)
28. Bernie's plan only targets corporations with 500 or more employees.
Fri Aug 24, 2018, 06:26 PM
Aug 2018


Sen. Bernie Sanders (I-Vt.) wants large employers such as Amazon, Walmart and McDonald's to fully cover the cost of food stamps, public housing, Medicaid and other federal assistance received by their employees. The goal, he said, is to force corporations to pay a living wage and curb roughly $150 billion in taxpayer dollars that go to funding federal assistance programs for low-wage workers each year.

Sanders plans to introduce a bill in the Senate on Sept. 5 that would impose a 100% tax on government benefits received by workers at companies with 500 or more employees. For example, if an Amazon employee receives $300 in food stamps, Amazon would be taxed $300.

(snip)

"While Mr. Bezos is the most egregious example, the Walton family of Walmart and many other billionaire-owned profitable corporations also enrich themselves off taxpayer assistance while paying their workers poverty-level wages," Sanders said. Representatives for Walmart did not respond to requests for comment.

Bezos, who founded Amazon in 1994, has seen his net worth steadily climb in recent months as the stock market hits record highs. He is worth $157 billion, up from $99 billion a year ago, according to the Bloomberg Billionaires Index. The median Amazon worker, meanwhile, was paid $28,446 last year, according to company filings. (The federal poverty level for a family of four is $24,600.)

http://www.latimes.com/business/la-fi-bernie-sanders-food-stamps-20180824-story.html


rgbecker

(4,831 posts)
36. Wow! Median income of $28.446 means 1/2 of all their workers are making less!
Fri Aug 24, 2018, 07:16 PM
Aug 2018

Unbelievable. I'd love to see a wage scale for the top 100 executives at Amazon.

ismnotwasm

(41,980 posts)
38. Seattle's head tax targeted businesses making 20 million or more
Fri Aug 24, 2018, 07:21 PM
Aug 2018

Don’t think it had an employ Count—one of the flaws of it

Honeycombe8

(37,648 posts)
58. That would result in corporations hiring workers w/o children.
Fri Aug 24, 2018, 08:42 PM
Aug 2018

Having children greatly increases the odds of needing and receiving assistance, I believe. Corporations do not control how many kids people have, but they can control the odds of workers needing assistance by hiring single people w/o kids, or married couples where the spouse works and they have no kids, and older workers.

This would be good for older workers. Even if they have kids, the kids are grown.

Uncle Joe

(58,362 posts)
30. The Long Angeles Times. LOL + text
Fri Aug 24, 2018, 06:29 PM
Aug 2018


"At a time of massive wealth and income inequality, the gap between the very rich and everyone else continues to grow wider," Sanders said.

Labor groups say that gap is particularly pronounced at the nation's largest and most profitable companies, including Walmart, which has roughly 2.2 million workers, and Amazon, which employs more than 575,000.

(snip)

"While Mr. Bezos is the most egregious example, the Walton family of Walmart and many other billionaire-owned profitable corporations also enrich themselves off taxpayer assistance while paying their workers poverty-level wages," Sanders said. Representatives for Walmart did not respond to requests for comment.

Bezos, who founded Amazon in 1994, has seen his net worth steadily climb in recent months as the stock market hits record highs. He is worth $157 billion, up from $99 billion a year ago, according to the Bloomberg Billionaires Index. The median Amazon worker, meanwhile, was paid $28,446 last year, according to company filings. (The federal poverty level for a family of four is $24,600.)

http://www.latimes.com/business/la-fi-bernie-sanders-food-stamps-20180824-story.html

katmondoo

(6,457 posts)
34. I am not listening to Sanders anymore
Fri Aug 24, 2018, 06:53 PM
Aug 2018

I still believe he could have done more to stop Trump instead of less, unless he didn't see as many of us did, how dangerous he was.

ismnotwasm

(41,980 posts)
43. Needs must when the devil drives I guess
Fri Aug 24, 2018, 08:02 PM
Aug 2018

I’m sure there a convoluted and fallacious argument for “why” tho

guillaumeb

(42,641 posts)
53. An easy one to answer, and thank you for asking.
Fri Aug 24, 2018, 08:34 PM
Aug 2018

Because Amazon, like Walmart, has driven out many smaller businesses, including independent bookstores. And both pressure their suppliers to cut their own profit margins by selling to Amazon and WalMart for less.

You are welcome.

George II

(67,782 posts)
62. I just searched google with "booksellers near me"
Fri Aug 24, 2018, 08:51 PM
Aug 2018

Within 10 miles of where I live there are 18 bookstores.

In fact, ironically, there are 17 in Burlington Vermont.

guillaumeb

(42,641 posts)
64. Bookstore Chains, Long in Decline, Are Undergoing a Final Shakeout
Fri Aug 24, 2018, 08:54 PM
Aug 2018

As e-commerce becomes more deeply embedded in the fabric of daily life, including for the first time in rural areas, bookstores are undergoing a final shakeout. Family Christian Stores, which had 240 stores that sold books and other religious merchandise, closed this year, not long after Hastings Entertainment, a retailer of books, music and video games with 123 stores, declared bankruptcy and then shut down.



www.nytimes.com/2017/12/28/technology/bookstores-final-shakeout.html


Amazon plays a part in this also.

ucrdem

(15,512 posts)
63. So why doesn't he write legislation to help out indy bookstores and authors?
Fri Aug 24, 2018, 08:53 PM
Aug 2018

France does and their books are cheap and stores are plentiful. That might actually stand a chance of getting somewhere. This kind of nonsense is pure showboating.

guillaumeb

(42,641 posts)
66. I disagree.
Fri Aug 24, 2018, 08:56 PM
Aug 2018

We can allow the GOP to set the terms of the dialogue, or we can fight back. But any fight depends on people being willing to fight.

Honeycombe8

(37,648 posts)
45. It sounds good, but it would a nightmare calculating the benefits rec'd by millions of workers...
Fri Aug 24, 2018, 08:08 PM
Aug 2018

there's a rotating work force, so it would be a nightmare running down the amounts of all the types of assistance various workers rec'd during the time they were employed by the corporation.

Maybe just a flat tax for if they have a certain percentage of workers receiving any kind of public assistance.

guillaumeb

(42,641 posts)
54. An easier way to do it would be to mandate a living wage.
Fri Aug 24, 2018, 08:35 PM
Aug 2018

But that too would be called unrealistic and impossible to achieve.

ismnotwasm

(41,980 posts)
65. What I really think is whatever legislation has to be flawless
Fri Aug 24, 2018, 08:56 PM
Aug 2018

It has to be not just workable, but understandable. A living wage is an excellent place to start. What is that, what does it look like? We can guess a time of inflation will follow this economy and a probable crash of some sort after. 15 dollar an hour minimum wage didn’t destroy Seattle, but it’s certainly not a living wage.

The reason I brought up Seattle is because it’s a very prosperous city with 12,000 homeless. I take care of people with unsure immigration statuses who have no access, NONE, to things like rehab or durable medical equipment. I take care of people who are living in vehicles and discharge others to shelters.

I think that businesses that turn a profit are not inherently evil, whereas businesses that turn an obscene profit without reinvesting into communities are at best amoral and ultimately damaging to society. Yet we have a lot of complex law and tax code to look at. A Republican would tell you that people with more money pay more in taxes, which is true, but what is a million dollars to a billionaire? What is a thousand dollars to someone like me? How do we work with profitable businesses to reinvest in communities and not penalize them for being successful?

I just don’t like the pretense of simplistic answers to complex problems.

guillaumeb

(42,641 posts)
67. This proposal is not simplistic,
Fri Aug 24, 2018, 09:00 PM
Aug 2018

but implementation would be complex.


As to your 3rd paragraph, I agree. Note also that the tax code is written by millionaire Congresspeople for their fellow millionaires. But there were very successfull businesses in the 1950s even when the top marginal tax rate was 90%. But there were not any billionaires at that time.

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