Schumer weighs big-firm tax to enable minimum wage hike

Senate Majority Leader Chuck Schumer is weighing adding a provision to the $1.9 trillion COVID-19 relief plan that would put a penalty tax on big companies that don’t pay workers at least $15 an hour, a Democratic aide said on condition of anonymity.

Original Article Posted at : https://www.accountingtoday.com/articles/schumer-weighs-big-firm-tax-to-enable-minimum-wage-hike