Senate Democrats are shifting attention to the idea of penalizing large corporations that fail to pay their workers enough to satisfy lawmakers after the body’s rules expert said a minimum wage hike can’t be included in the COVID-19 relief package making its way through Congress. Two chairmen said they’re looking at alternatives to a hike, including a provision that would hit major companies for paying their workers less than a certain amount an hour. The exact language of the amendment to the relief package has yet to be published. The penalty could come in the form of taking away tax breaks. Senate Budget Chairman Bernie Sanders (I-Vt.), a self-described socialist who caucuses with Democrats, said he’d be working with colleagues to work on an amendment “to take tax deductions away from large, profitable corporations that don’t pay workers at least $15 an hour and to provide small businesses with the …
Read More
RSS Feed | The Epoch Times
