*By Christian Smith*
Congressman Ro Khanna wants to inspire companies to do better by their workers.
"It's absurd that you have multi-billion dollar companies, trillion-dollar companies that aren't able to pay their workers $15," Rep. Khanna said Friday in an interview on Cheddar.
That's why the prominent House progressive, who represents California's Silicon Valley, is teaming up with ex-presidential candidate and Vermont Sen. Bernie Sanders to introduce legislation that would place a tax on large corporations ー money that is equivalent to the amount of federal benefits their low-income employees receive to make a livable wage.
Rep. Khanna's House bill is called the "Corporate Responsibility and Taxpayer Protection Act" and targets large companies across industries, including tech, retail, and fast food, he said.
Sanders was a little more pointed with his version, dubbed the "Stop Bad Employers by Zeroing Out Subsidies Act." That's Stop BEZOS, if you didn't notice.
Rep. Khanna said that Amazon has responded to the Sanders bill, saying the company creates safe working spaces for employees and offers competitive benefits. But the Congressman said the point of benefits is a separate matter.
"They're still not addressing the fundamental point," Khanna said.
"Why can't they just come out and say they're going to pay every employee in our company at least a $15 wage so they can have a livable wage?"
For full interview [click here](https://cheddar.com/videos/congressman-ro-khanna-wants-major-corporations-to-improve-worker-pay-or-pay-more-in-taxes).
Nokomis Fairbanks started tattooing professionally three years ago and recently set up shop at Oracle Tattoo Guild in Lexington, Kentucky. Today, she has no idea when she will be able to pick up her needle again.
Wall Street rallied for its biggest gain in a week as investors find more reasons to hope that the worst of the economic plunge due to the coronavirus pandemic may have passed.
The Justice Department says it's dropping its criminal case against President Donald Trump’s first national security adviser Michael Flynn.
Louis DeJoy, a North Carolina businessman and Trump donor, has been tapped to replace outgoing Postmaster General Megan J. Brennan, an Obama appointee.
The Trump administration has shelved a set of detailed documents created by the nation’s top disease investigators meant to give step-by-step advice to local leaders deciding when and how to reopen public places during the still-raging pandemic.
Stocks climbed in early trading on Wall Street Thursday as reports suggested that even though the economy is still suffering severely, the pace of pain may be decelerating.
President Donald Trump on Wednesday reversed course on plans to wind down his COVID-19 task force, attempting to balance his enthusiasm for “reopening” the country with rising infection rates in parts of the nation.
A late-day slide left stocks mostly lower after a wobbly day of trading, but major technology companies managed to hold on to their gains.
The entrepreneur sued the New York State Board of Elections in April after it canceled the state's presidential primary by stripping Sen. Bernie Sander's name from the ballot.
The U.S. Education Department has finalized campus sexual assault rules that bolster the rights of students who are accused of assault and harassment, reduce legal liabilities for schools and colleges, and narrow the scope of cases they will be required to investigate.
Load More