Asked by Cooper how he would determine which companies would face the new taxation policies, Sanders said Walmart continues to be the “poster child” when it comes to corporate greed and low-paid workers.
“One of their owners spends zillions of dollars on antique cars,” Sanders said. “They’ve got mansions. They have all kinds of art collections. But somehow or another they can’t pay their starting wage at more than 11 bucks an hour. The same thing for Burger King, same thing for McDonald’s, same thing for Dollar General.”
Following Thursday’s announcement by the parliamentarian, Sanders joined with Sen. Ron Wyden (D-Oregon.) to float a proposal that would strip tax deductions from corporations that fail to pay their workers a living wage and provide other incentives to help small businesses make sure they can pay their employees at least $15 per hour.
As the Washington Post’s Jeff Stein and Erica Werner report Saturday, Sanders and Wyden are among the top Democrats “trying to find a backup plan to a minimum-wage increase” by “exploring new tax penalties on firms with more than $2.5 billion in gross receipts that do not pay at least $15 an hour.”
Jesus: Hey, Dad? God: Yes, Son? Jesus: Western civilization followed me home. Can I keep it? God: Certainly not! And put it down this minute--you don't know where it's been! Tom Robbins in Another Roadside Attraction
Threaten to hold up the 1.9 trillion covid package unless the minimum wage is included in the package. So many federal and state employees are counting on this bill that the opposition to the minimum wage will buckle immediately.