California To Wal-Mart: Enough! No More Taxpayer Subsidized Profits For You
From the article:
For years, Wal-Mart—and other large retail operators—have been piling up huge profits by controlling their labor costs through paying employees sub-poverty level wages. As a result, it has long been left to the taxpayer to provide healthcare and other subsidized benefits to the many Wal-Mart employees who are dependent on Medicaid, food stamp programs and subsidized housing in order to keep their families from going under.
Legislation is now making its way through the California legislature—with the support of consumer groups, unions and, interestingly, physicians—that would levy a fine of up to $6,000 on employers like Wal-Mart for every full-time employee that ends up on the state’s Medi-Cal program—the California incarnation of Medicaid.
Maybe if large retailers get hit with paying their fair share.. in regards to healthcare costs of their employees… the Rx dept may have to start turning a profit and no longer be a “loss leader” just to drag bodies thru the front door…
Filed under: General Problems
hmm! all states should follow ca.