While McDonald’s stock price is at an all time high, wages are so low that more than half of workers in the industry are forced to rely on public assistance. McDonald’s alone costs taxpayers more than $1 billion a year.
McDonald’s is not only failing to pay fair wages, it’s also ripping off taxpayers by dodging its fair share of taxes around the world. When McDonald’s cheats on taxes, it means that countries implement austerity measures. It means that in a state like Illinois, where there is a funding crisis, there is no money for childcare and home care and our public education system doesn’t have the money it needs. It means that underfunded Black & Brown and poor communities lose millions, while McDonald’s gains more profits.