*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).
These are the headlines you Need 2 Know for Thursday, Dec. 13, 2018.
A new platform is inviting politically progressive consumers to vote with their wallets. The Progressive Shopper platform is designed to educate left-leaning shoppers about political donations made by their favorite brands.
All eyes were focused on Google CEO Sundar Pichai when he testified in front of Congress on Tuesday. But stealing the spotlight was a face in the background ー the Monopoly Man, resurfacing to troll corporate America once again. According to Ian Madrigal, the D.C. attorney behind the viral persona, the mustachioed figure is the ultimate symbol of corporate malfeasance.
Amazon's HQ2 decision was among the greatest "PR scams" in history, according to the state senator that represents the New York district that will be home to one-half of the new split headquarters. Michael Gianaris, the Democratic state senator from New York's 12th district, which includes Long Island City, told Cheddar that the state badly misplayed its hand in giving Amazon billions in incentives to build an outpost in the booming Queens waterfront neighborhood.
Sensing the shifting political winds, New York Gov. Andrew Cuomo is reportedly planning to introduce a "green new deal" that would legalize recreational pot as part of the inaugural speech he will deliver from Ellis Island on New Year's Day.
These are the headlines you Need 2 Know for Wednesday, Dec. 12, 2018.
Gene Munster isn't worried about Apple. The managing partner of Loup Ventures and venture capitalist told Cheddar Tuesday that the tit-for-tat with Qualcomm over iPhone sales in China is insignificant for Apple's long-term value.
These are the headlines you Need 2 Know for Tuesday, Dec. 11, 2018.
Boris McGiver didn't need to research his journalist character on "House of Cards" ー he simply had to read the scripts.
"The writing was and remains so good," McGiver said Monday of the show, which was the first of Netflix's ($NFLX) binge-watchable programming when it premiered in 2013 and is now wrapping up after six seasons.
As Cheddar reflects on 2018, we are profiling the most innovative, flamboyant, and often-controversial entrepreneurs and corporate leaders who delivered the year's most memorable moments in business. Cheddar's Class Clown Award Goes to Elon Musk.
