Proposal to Hold Corporations Accountable for Government Assistance Costs

To whom it may concern,

I am writing to bring your attention to an alarming issue regarding corporate greed and its impact on American taxpayers. As you may be aware, many large corporations are generating record profits while simultaneously paying their workers such low wages that they qualify for government assistance programs. This is an unacceptable situation that demands immediate action.

The Problem:

Large corporations have been known to exploit their workers by offering minimum wage or near-minimum wage salaries despite making billions in profits each year. These low wages force these workers to rely on government assistance programs like food stamps, Medicaid, and housing subsidies just to survive. According to recent reports, many workers receive some form of public assistance due to their low wages.

Link: Taxpayers Subsidize Poverty Wages at Walmart, McDonald’s, Other Large Corporations, GAO Finds

This arrangement benefits the corporations at the expense of hardworking taxpaying Americans and places an undue burden on taxpayers who must cover the costs of these assistance programs. In essence, taxpayers are subsidizing the profits of these corporations by providing financial support to their underpaid employees.

Proposed Solution:

To address this issue, I propose that we hold corporations accountable for the cost of government assistance provided to their employees. Specifically, when a company pays its workers so little that they qualify for public assistance, that company should be billed for the full amount of aid received by its employees, as well as an additional percentage to cover administrative overhead expenses related to running the assistance program.

By implementing this policy, we can ensure that corporations bear responsibility for the welfare of their workers and reduce the strain on taxpayers who currently shoulder the burden. Furthermore, it would incentivize companies to raise employee wages to avoid being billed for government assistance, ultimately benefiting both workers and society as a whole.

In conclusion, it is crucial that we take steps to address the growing issue of corporations profiting off low-wage workers and passing the costs onto taxpayers. By holding these companies accountable for the government assistance received by their employees, we can create a more equitable system where everyone contributes fairly to supporting our communities.

Thank you for your consideration.

Sincerely,