[kictanet] Bernie Sanders introduces the BEZOS Act slamming Amazon low wages

[Ali Hussein]

This is an interesting development.

No matter how you cut it, its becoming increasingly important that
Corporations become good citizens.

How do we define a Good Corporate Citizen? That in my opinion is still very
fluid and will define corporate behaviour going forward. For now
unfortunately for Amazon this will be defined by the court of public
opinion and although the jury is still not in things are not looking very
good for Amazon.

*Ali Hussein*

*Principal*

*AHK & Associates*



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On Fri, Sep 7, 2018 at 10:36 PM WANGARI KABIRU via kictanet <
kictanet at lists.kictanet.or.ke> wrote:

>
> https://www.cnbc.com/2018/09/05/bernie-sanders-introduces-the-bezos-act-slamming-amazon-low-wages.html
>
> "Sen. Bernie Sanders' criticism of Amazon
> <https://www.cnbc.com/2018/08/29/amazon-bernie-sanders-claims-are-inaccurate-and-misleading.html> peaked
> Wednesday as he and Rep. Ro Khanna, D-Calif., introduced legislation
> <https://www.sanders.senate.gov/download/stop-bezos-act-2018?id=C2E88AC5-C629-4680-8F8D-9EE74F343560&download=1&inline=file> to
> tax corporations for every dollar that their low-wage workers receive in
> government health-care benefits or food stamps.
>
> The bill, pointedly called the Stop Bad Employers by Zeroing Out
> Subsidies, or BEZOS, Act, is aimed at shaming companies like Amazon
> <https://www.cnbc.com/quotes/?symbol=AMZN>and Walmart
> <https://www.cnbc.com/quotes/?symbol=WMT>, whose workers rely on public
> assistance.
>
> For months, Sanders has targeted Amazon, juxtaposing the wealth of CEO
> Jeff Bezos with reports
> <https://www.sanders.senate.gov/download/get-billionaires-off-welfare-remarks?inline=file> that
> Amazon warehouse workers are paid less than industry averages and rely on
> food stamps.
>
> Bezos is the richest man in the world, with a net worth of more than $168
> billion
> <https://www.cnbc.com/2018/09/04/heres-what-it-will-take-for-bezos-to-become-the-first-trillionaire.html>
> .
>
> "Our legislation gives large, profitable employers a choice: Pay workers a
> living wage or pay for the public assistance programs their low-wage
> employees are forced to depend upon," Sanders said of the proposed law.
> <https://www.youtube.com/watch?v=ttT5zXq3DgI>
>
> For example, if an Amazon worker received $2,000 in food stamps, Amazon
> would be taxed $2,000 to cover that cost.
>
> Amazon has previously called the Vermont independent's claims about
> working conditions in its fulfillment centers "inaccurate and misleading
> <https://www.cnbc.com/2018/08/29/amazon-bernie-sanders-claims-are-inaccurate-and-misleading.html>"
> and a spokesperson declined to further comment on the bill."
>
>
>
>
> Be blessed.
>
> Regards/Wangari
>
>
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