Great Report On How Low Wages Paid By Fast Food Companies Hurts All of Us!

Want another good reason to raise the minimum wage? Follow the ink below to read a remarkable report put out by National Employment Law Project that outlines how taxpayers have to pay more than 3.8 billion to subsidize the low wages that the fast -food industry is paying its workers! While the leading fast food companies earn billions in profits each year and award chief executives generous compensation packages; millions of fast food workers have to rely on public assistance in order to afford health care, food, and other basic necessities. Here are a few highlights: • Low wages and lack of benefits at the 10 largest fast-food companies in the United States cost taxpayers an estimated $3.8 billion per year. McDonald’s alone costs taxpayers an estimated $1.2 billion each year. • While low wages and lack of benefits cost taxpayers billions of dollars each year, the seven publicly-traded corporations on this list remain in strong financial condition today. Last year, these companies collectively earned $7.44 billion in profits; paid $52.7 million to their highest-paid executives and distributed $7.7 billion in dividends and buybacks. Please help join the effort of Raise Up Massachusetts to help hundreds of thousands of hard working people get a more equitable wage so they don’t have to rely on public assistance! Go to www.raiseupma.org for more info!

  Click Here to View The Report!