With typical Sanders subtlety, his new legislative proposal is called the "Stop WALMART act."
Under it, big employers like Walmart would be banned from buying back shares in their own company unless they paid all their workers at least $15 an hour. They'd also have to cap CEO pay at 150 times the median employee pay, and provide seven days of paid sick leave. (Why Sanders doesn't also include free lunches and bus tokens in his list of demands isn't clear.)
Sanders says he's building on the success of his Stop BEZOS act, which would have dictated that large companies "pay back" the cost of any government benefits received by any of their workers.
https://www.investors.com/politics/editorials/bernie-sanders-stop-walmart-socialism/
Under it, big employers like Walmart would be banned from buying back shares in their own company unless they paid all their workers at least $15 an hour. They'd also have to cap CEO pay at 150 times the median employee pay, and provide seven days of paid sick leave. (Why Sanders doesn't also include free lunches and bus tokens in his list of demands isn't clear.)
Sanders says he's building on the success of his Stop BEZOS act, which would have dictated that large companies "pay back" the cost of any government benefits received by any of their workers.
https://www.investors.com/politics/editorials/bernie-sanders-stop-walmart-socialism/