'Stop BEZOS Act' introduced in Senate targeting large employers

'Stop BEZOS Act' introduced in Senate targeting large employers

'Stop BEZOS Act' introduced in Senate targeting large employers

For months, Sanders has beencalling out the wage disparity between Jeff Bezos, the richest man in the world, and Amazon's warehouse employees, some of whom have been found to rely on food stamps. Anecdotes shared by current and former Amazon employees corroborate these findings.

Sanders claimed that such corporate welfare costs the American taxpayer $150 billion a year, citing a study by the University of California Berkeley Labor Center.The "Stop BEZOS" Act and its House of Representatives counterpart, the Corporate Responsibility and Taxpayer Protection Act, were introduced Wednesday by Sanders (I-VT) and Rep. Ro Khanna (D-CA) respectively.

Sanders spoke directly to wealth discrepancy between Bezos and the low-wage workers at Amazon.

"This bill would establish a corporate welfare tax on large employers equal to the amount of federal benefits received by their low-wage workers", a summary of Sanders and Khanna's bill notes. Sanders stated that thousands were forced to rely on food stamps and subsidized housing. Earlier this year, Amazon said in a government filing that its median salary is $28,446 - a figure, Amazon said, that include the compensation for part-time employees. While incentivizing companies to pay their employees higher wages, the measure would shift the burden from taxpayers back to the companies, he said.

Sanders has been vocal about his attack on large corporations and in July, he launched a petition to demand Amazon boss Jeff Bezos implement better working conditions and pay.

Amazon, which has more than 575,000 workers, is the country's second-largest private employer, behind Walmart. The requirement would apply to any company with more than 500 workers.




But some economists said they anxious such measures may backfire by creating incentives for companies to avoid hiring workers who may be likely to collect federal benefits.

The National Council for Occupational Safety and Health (National COSH) stated previously that "Amazon workers suffer injuries, and sometimes lost their lives, in a work environment with a relentless demand to fill orders and close monitoring of employee actions".

"If you're an employer with a job applicant who you fear is going to draw public benefits, whether you're right or wrong, you may try and avoid hiring that person", Bernstein said.

Plus, the legislation likely wouldn't do much to raise wages, the center said.

Employees also receive a "block of unpaid time off to account for running late and they can use that time like a checking account, deducting when necessary for time out of work", Lynch writes.

Recommended News

  • Dallas officer kills man after walking into wrong apartment

    Dallas officer kills man after walking into wrong apartment

    Jean was a graduate of Harding University in Arkansas and worked at PricewaterhouseCoopers, The Dallas Morning News reports . Hall is not certain where the officer is at this time. "This is a bad tragedy", the company wrote on Facebook .
    Erdogan and Putin clash over Idlib ceasefire in Syria

    Erdogan and Putin clash over Idlib ceasefire in Syria

    On Friday, Erdogan said steps would be taken to prevent further migration from Syria. Jeffrey added that the attack would be a "reckless escalation".
    Ayanna Pressley’s Massachusetts Primary Win Hints at an Exciting 2018 Election Trend

    Ayanna Pressley’s Massachusetts Primary Win Hints at an Exciting 2018 Election Trend

    No Republicans were running, so only a write-in campaign in November could possibly stand between her and Washington. Her total in Boston was just 1,800 fewer votes than Capuano received throughout the whole 7th district.
  • Trump calls for Justice Department to investigate author of Times op-ed

    Trump calls for Justice Department to investigate author of Times op-ed

    The paper says the author requested anonymity and that this was essential to deliver an "important perspective" to its reader. On Wednesday, the president responded to the Times op-ed with a simple tweet: " TREASON? ".
    IPhone XS: A cheat sheet for professionals

    IPhone XS: A cheat sheet for professionals

    It will be replaced on all three models with the face-scanning FaceID that Apple introduced with the iPhone X past year . Along with the three new iPhones, the company will be unveiling the Apple Watch Series 4 and a new iPad Pro.
    USS Ronald Reagan to dock at South Korea port

    USS Ronald Reagan to dock at South Korea port

    The primary sticking point at the moment is North Korea's desire to bring an official end to the Korean War. We haven't had any nuclear tests, we haven't had any missile tests, which we consider a great thing.
  • Death toll in Kabul blasts rises to 25

    Death toll in Kabul blasts rises to 25

    Another 89 people were wounded in yesterday's bombings, in a Shiite neighborhood of Kabul . A 10th journalist was killed the same day, shot in eastern Khost province.
    Smokey the Bandit star Burt Reynolds has died

    Smokey the Bandit star Burt Reynolds has died

    He starred in films such as Deliverance and Boogie Nights . "It didn't make as much money as a lot of the others", Reynolds said . That "was the closest to me, in terms of, I see myself in that character and it was a classic film", Reynolds told USA TODAY .
    Trump suggests libel laws be changed after bombshell book

    Trump suggests libel laws be changed after bombshell book

    Here's a look at some of the blockbuster revelations that have emerged so far from early excerpts of Woodward's book. Those issuing denials, at least in part, included Defense Secretary Jim Mattis and chief of staff John Kelly.
  • Goldman drops bitcoin trading plans for now

    Goldman drops bitcoin trading plans for now

    After January, the price fell, hitting $386.59 on April 7, 2018, then rose to $830.02 on May 5 before falling to its current low. We say that whatever the reason behind this sharp drop, it is surely opening new dimensions for the crypto world.
    Can President Trump Pardon Himself? Brett Kavanaugh Won't Say

    Can President Trump Pardon Himself? Brett Kavanaugh Won't Say

    They are also concerned about his argument in a 2009 legal article that a sitting president should be immune to prosecution. Another cried: "Our democracy is broken!" For instance, the Supreme Court is now considering whether to hear Johnson v.
    Manchester United headed in right direction under Mourinho, insists Schmeichel

    Manchester United headed in right direction under Mourinho, insists Schmeichel

    You probably know that also. "I've done it for years but I've done it in a bigger squad", said Hart of battling on two fronts. We should have kill [ed] the game much earlier, but the performance was very good, very solid and important".

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.