When Walmart and other low-wage employers fail to pay their employees enough to live decent lives, taxpayers often end up picking the tab for public assistance. In 2013, Walmart alone cost taxpayers $6.2 billion for expenses such as food stamps, Medicaid, and housing assistance.
Freshman California Democratic Rep. Ro Khanna and nine House co-sponsors are introducing legislation to put an end to the free ride.
The Corporate Responsibility and Taxpayer Protection Act would levy a fee equivalent to the public assistance that a company’s employees are eligible to receive, with the intent to incentivize businesses to pay their employees enough so they don’t need public assistance.
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