10 Fast Food Companies That Are a Burden on Taxpayers
It isn’t breaking news that many consumers aren’t happy with the way fast food employees are being paid. Activists have long campaigned for higher wages and better benefits for the industry’s workers — notably protesting earlier this summer, when they highlighted McDonald’s controversial business model and wage packages – but consumers still continue to visit the restaurants, even though the companies may not sufficiently pay their employees.
Fast food companies’ continued business success is supported by data from the National Employment Law Project, which recently found that the 10 largest fast food companies collectively earned $7.44 billion in profits last year.
It’s clear, then, that consumers may be agitating against the employment practices of these chains, but that hasn’t stopped them from supporting them with their business — in addition to their tax dollars. The latter may come as a surprise to Americans, but the National Employment Law Project demonstrated that reality in its October report, which documented just how much money taxpayers now pay to support fast food employees who require public assistance in order to afford health care, food, and other basic necessities.
The organization summed up the 10 largest fast food companies in its report and found that they cost taxpayers an estimated $3.8 billion per year; its findings are supported by a study from the University of California, Berkeley, which concluded that 52 percent of fast food workers rely on at least one public assistance program to support their families.
Here are the 10 largest fast food companies that are relying on your tax dollars to support their employees.