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Twenty major U.S. companies pay low wages, forcing workers to rely on public aid despite record profits.
A new report reveals that 20 major U.S. corporations, including Amazon and Walmart, pay low wages that fail to cover basic living costs, forcing millions of workers to rely on public assistance like SNAP and Medicaid.
Despite record profits and $260 billion in stock buybacks from 2019 to 2024, median wages at these companies fall short of covering a used car or a two-bedroom apartment, with CEO pay averaging $18.6 million.
Only five of the 20 firms pay wages above thresholds for public benefits, and just 43% of workers receive employer health coverage.
Critics say corporations benefit from underpaying workers while shifting costs to taxpayers, urging reforms like higher minimum wages, buyback taxes, and wage theft penalties amid growing public demand for change.
Veinte grandes compañías estadounidenses pagan salarios bajos, lo que obliga a los trabajadores a depender de la ayuda pública a pesar de las ganancias récord.