by Amanda Snell and David Kreutzer No single company gets perhaps as much attention in the news as Amazon. The online retailing giant has surpassed $1 trillion in market value and is now searching for a city to place its second headquarters. Amazon has done enormous good in making Americans’ lives more convenient. But not everyone is a fan. Sen. Bernie Sanders, I-Vt., has introduced a bill targeting Amazon and its founding CEO, Jeff Bezos. Appropriately labeled the Stop Bad Employers by Zeroing Out Subsidies Act (Stop BEZOS), this bill is an unabashed attack on Bezos and his immensely successful company. Stop BEZOS is meant to incentivize large companies, like Amazon, to pay a “living wage.” Sanders defines a living wage as $15/hour. This bill would require such companies to pay taxes (dollar for dollar) on the amount of government assistance that its employees collect. The implicit logic of the Stop BEZOS Act is that Amazon pays its employees subsistence wages (just enough to keep them from starving). In this alternate reality, every dollar of government assistance allows Amazon to pay their employees a dollar less. Were this true, the simplest, most effective solution would be to deny any government benefits to the employees…
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