According to several reports, U.S. Senator Bernie Sanders is set to introduce a new tax bill that, if passed, would require businesses with more than 500 employees to pay a 100 percent tax on federal assistance received by their employees. Sanders, a Democrat, told the Washington Post that he plans to introduce the bill on September 5. The goal of the bill, he said, is to force large corporations to pay a living wage and curb some $150 billion per year in taxpayer dollars that are spent on federal assistance programs for low-wage workers.
“At a time of massive wealth and income inequality, the gap between the very rich and everyone else continues to grow wider," Sanders told the Post.
If passed, an Amazon employee who received, say, $300 in food stamps would trigger a $300 tax for Amazon. Targeting large companies is a tactic supported by national labor organization who say that the issue of living wages is particularly pronounced at those companies. According to filings, Walmart employs some 2.2 million employees; Amazon has more than 575,000 employees.