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Pay less; Be punished

US companies make huge profits by paying employees minimum wage. US taxpayers pay $153 billion public assistance to working families. Now public opinions are divided. They want these corporations to pay workers enough to live decently. A proposed bill in Connecticut states that companies paying below $15 per hour will be imposed a fine of $1 per hour, per worker and this money will be spent on social welfare. Each Walmart in Connecticut costs taxpayers $1 million in social programs; also state pays $486 million in medication and cash assistance.  The bill could be a creator of many positions, and also help to shift the social assistance burden from taxpayers back to employers. The bill though in its initial stages has gained politicians' attention. Read more at:

http://www.fastcoexist.com/3046341/is-it-time-for-companies-to-pay-for-not-paying-enough-the-walmart-tax-gains-momentum

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Tuesday, 16 April 2024
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