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Pay Equity

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With the entry of former Vice President Joe Biden into the 2020 presidential race, Sen. Kamala Harris’ luster has been a little lacking lately. But she’s grabbing attention this morning with a volley at gender-discriminating corporate America with a brand new proposal to fine them if they don’t pay men and women equally. From the Wall Street Journal: Sen. Kamala Harris is proposing that large employers pay women on an equal basis with their male counterparts or face government fines, seeking a sweeping shift in the way the nation addresses pay inequity. The Democratic presidential candidate released a plan Monday that would put the burden on companies to demonstrate that they are not engaging in pay discrimination. Ms. Harris’s campaign said companies would be fined 1% of their profits for every 1% wage gap they allow to continue for work of equal value. The campaign estimated that the plan would…