alt Hacker News> Amazon makes enough in search ad revenue to give every single one of their employees a $35,000 cash bonus and still have change left over.
There was study not too long ago that showed that 48% of Amazon's employees were paid so little that they were forced to depend on some form of public assistance to meet their basic needs. Not only would an extra 35k a year prevent amazon employees from needing foodstamps and housing assistance, but I'd be willing to bet that amazon would make back some of it in increased amazon purchases too. It'd be great if the government cracked down on corporations who use taxpayer money to subsidize their labor expenses
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Socialize the costs and privatize the profits is where all this regulatory capture has gotten us.
I've long felt that there needs to be a bill passed to charge companies $x additional tax each year where $x is the amount of government assistance their employees required in order to meet food/housing minimum standards. One way or the other, the companies that are making the rest of us pay for their employees to survive need to be funding these programs.