Comment on 'Starvation Wages' at Giant US Corporations Force Workers to Seek Taxpayer-Funded Aid

• gankouskhan@piefed.zip ⁨2⁩ ⁨days⁩ ago

  It can’t be a number. These types will just raise prices so $25 is the new $15. Instead the gap needs to be a percentage including bonuses, stocks, health insurance coverage, …and any other form of compensation. This would mean even business owners or s corp splitters, loan takers against investments, business worth, etc are all taxed fairly and evenly. It would also mean they can’t artificial lower their income for tax reasons or for keeping bottom wages low. Additionally cost of living should be factored in such that the median or average value of goods is evaluated by a non biased third party that changes the undisclosed goods for calculating the CoL just so corporations cannot game this.

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  • thejoker954@lemmy.world ⁨2⁩ ⁨days⁩ ago

    Also it should be a federal law that companies have to match inflation in pay raises.

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    • gankouskhan@piefed.zip ⁨2⁩ ⁨days⁩ ago

      Let’s not call it a raise, but rather an adjustment. A raise would imply you got something of greater value than you had. Inflation by definition means the value of what you had is now lower than it was.

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  • piconaut@lemmy.ca ⁨2⁩ ⁨days⁩ ago

    Sounds something like what is proposed in the book, Ministry for the Future, create a law that no person can be compensated more than ten times what the lowest paid employee in that same company is compensated.

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