Loading ....

U.S. Senator Bernie Sanders

TODAY: I am introducing legislation that would tax companies such as Amazon and Walmart 100% the amount of federal benefits received by their low-wage workers.

At a time of massive income and wealth inequality, when the three wealthiest people in America own more wealth than the bottom 50 percent, and when 52 percent of all new income goes to the top 1 percent, the American people are sick and tired of subsidizing multi-billionaires like Jeff Bezos and the Walton family, who own some of the largest and most profitable corporations in America and refuse to pay their workers a living wage.

The fact is that if employers in this country simply paid workers a living wage, taxpayers would save about $150 billion a year on federal assistance programs and millions of workers would be able to live in dignity and security. It’s time for us to get these billionaires off welfare, and time for them to pay a living wage.