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Or a high minimum wage is a way to have employers cover the government’s welfare costs? Who really should front the bill for low earners to live above poverty

Or a high minimum wage is a way to have employers cover the government’s welfare costs? Who really should front the bill for low earners to live above poverty, and why?

kennywinker 6y ago
If you are getting a significant chunk of someone's time and labor, but not paying them enough to live well, that seems like the definition of exploitation. If you can't pay a living wage, your company should go out of business - it's not helping society, and it's sucking up air that could be used by other companies that CAN pay their workers a livable wage. Specifically in the case of walmart, they CAN pay their employees a living wage. They drain about 6-7 billion from taxpayers (1) by way of workers on assistance. From 2006-2020 walmart has made over 10 billion/year every year except two (9ish billion and 6ish billion) (2) (1) https://www.forbes.com/sites/clareoconnor/2014/04/15/report-walmart-workers-cost-taxpayers-6-2-billion-in-public-assistance/#19327e2d720b https://www.forbes.com/sites/clareoconnor/2014/04/15/report-... (2) https://www.macrotrends.net/stocks/charts/WMT/walmart/net-income https://www.macrotrends.net/stocks/charts/WMT/walmart/net-in...