What if McDonald’s, Wal*mart, Papa John’s, and other companies whose wealth is made off the backs of sub-standard wages, had to pay for each one of their employee’s food stamps and Medicaid costs?
It would be similar to our Unemployment tax… Essentially we ( the State of Delaware’s Employment Services) would state that you had “x” amount of employees on Medicaid and Food Stamps and therefore you must pay this higher premium so we can care for them…. To someone like Costco, they would say since you had very few employees on Medicaid and Food Stamps you get to pay a much lower rate into the pool…
As with unemployment, companies who cost the state more by firing with impunity, pay a higher rate into the fund than companies whose employees very rarely ever have to file for unemployment benefits…
Apply the same to Medicaid and Food Stamps….. it is simply putting the cost to society into the right account. Something accountants have to do all the time when going through a companies books….
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January 7, 2014 at 12:57 pm
Joanne Christian
I can see your point in some of this, but unfortunately (and unfairly, I may add) the unemployment rate assessed isn’t the most fair table in this state. Having ONE part-time employee on unemployment –pushed me, as a small business owner into the same risk category as a construction site company. What a whack–and that term had to stick for three years, if we didn’t contest it.
January 8, 2014 at 3:55 am
kavips
Glad you contested that. I’d have to see the rates to get a better opinion, but it sounds like the construction company got off on a great deal…..