Will Amazon ‘feel the Bern?’
Looks like its Bernie being Bernie… and Senator Bernie Sanders suggested that we start charging Amazon and other big companies a special tax. The special tax would be the result of large corporations underpaying employees which ultimately requires said employees to rely on government assistance. Bernie wants companies like Amazon to start paying a “living wage,” which by his estimate is about $15 per hour.
Come on, Jeff… you make so much money and pay your employees so little – what gives? While this man rolls around in his billions, Amazon employees rely on food stamps, Medicaid, and subsidized housing. Thus, Sanders plan is to levy a massive tax on companies that equals the value of the government benefits these employees are receiving.
But Amazon says “not so fast”… because the information that Sanders is posting is misleading at best. The underpaid workers in question either worked at Amazon for a short-period or chose to work part-time. The full-time, hourly pay for a fulfillment center employee is actually over $15 per hour – including cash, stock, and incentive bonuses. And Bezos invites you to compare his company’s compensation with any other large retailer. Walmart, on the other hand, had no comment…