As the 2020 rumor mills again circulate the likely presidential run of socialist Bernie Sanders, he takes a big step to solidify his comrades with attacking the pinnacle of capitalism; Amazon. Will wonders never cease? The fiefdom of college students and other “safe space” lemmings will again be out in droves to support free college, free healthcare, free condoms, etc.
Look, I don’t have a bumper sticker with a Jeff Bezo’s thumbs up sign, but you have to give a modicum of respect to a man (sorry, not a woman) who has created the arguably greatest business in the history of mankind. This is a battle of the obvious polar opposites. The red hammer and sickle versus the dollar bill.
Okay. You knew there would be a “tax” involved in this mess, so here it is. Sanders and like-minded follower House Rep. Ro Khanna (D-CA: California, what a surprise) get stirred up when anyone makes more money than anyone else, so they propose enacting a tax on large corporations equal to the federal benefits their low-wage employees receive in order to make ends meet.
Sounds a little like an “end around” on the $15 minimum wage thing. In a statement by Sander’s spokesman Josh Miller-Lewis, which I think was plagiarized from the Communist Manifesto, he states, “Jeff Bezos is the wealthiest person in the history of the world, and Amazon as of [Tuesday] is a $1 trillion company. They are the perfect example of the inequality and greed that exists in America today.” Once the lithium wears off, Miller-Lewis will be rewarded with an extra star on his brown shirt for such insight.
Always remember that business is smarter than government. Bernie will circle the wagon with fellow travelers who have never run a hot dog stand, while Bezo’s and his crew will most certainly find a way around such petty issues.
Also, be careful what you wish for Bernie. You may just be increasing the pain for your minions by ushering in automation and robotics, putting an end to these positions a bit more quickly. Remember? The ones you are trying to save with taxes?
Bezos has little to fear, and here is why. The total effort Sanders needs to put forth to implement his plan is not clear, but Sanders’s office says that the IRS would have to consult with the United States Department of Agriculture, Department of Housing and Urban Development, and the Centers for Medicare and Medicaid Services to issue regulations to make it work. They haven’t offered more specifics. Get back to me Bernie when you run the numbers.
Again we have to call foul on the economics behind this bill. One would assume that a university professor of public policy would back Bernie. However, Bruce Meyer, professor of public policy at the University of Chicago, echoed the skepticism. “I am skeptical that raising the cost to successful firms of hiring more employees is a good idea,” he said. Okay. So it’s not just me. Look Bernie, nobody said it would be easy achieving the American dream. Last I looked it was a free country, no thanks to you. If employees don’t like Amazon, get another job, or perhaps a second job. People do that you know. The one thing Bernie does have going for him is that his nemesis, Donald Trump, is also not an Amazon fan. Bezos is taking it from the left and from the right.
It’s not easy on top.