There is always more than one way to do something, and the problem with that is hateful people know that as well as good.
That is how folks like Joe Biden stole his way into the White House. At the end of the day, there isn’t a single thing that the man does that doesn’t have the spectre of hateful deeds upon it.
Now, it might be a warm fluffy idea to raise the minimum wage, but the side effects would be worse than the problem it is meant to cure.
Senate Finance Committee Chairman Ron Wyden (D-Ore.) on Friday announced Democrats’ “Plan B” to raise the minimum wage after the Senate parliamentarian ruled that an earlier proposal from House Democrats to raise the federal minimum wage $15 an hour did not meet special budgetary rules.
Wyden is proposing a workaround solution that would impose a 5 percent tax penalty on large corporations if any of their workers earn less than a certain amount, with the penalty increasing over time.
The article goes on to state the following: The language would ensure that large companies would have a significant financial incentive to raise wages, even if they are not mandated by law to pay employees more than the current federal minimum wage of $7.25 an hour.
“I’m exploring a tax penalty for mega-corporations that refuse to pay a living wage. This isn’t over,” Wyden declared in a Twitter post Friday morning.
Sen. Bernie Sanders also suggested a similar plan in a statement Thursday night, declaring he will be pushing an amendment “to take tax deductions away from large, profitable corporations that don’t pay workers at least $15 an hour.”