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Keyword: miminumwage

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  • Republicans tie minimum wage to tax cut (Will LIBS vote against it?)

    07/28/2006 10:03:38 AM PDT · by new yorker 77 · 43 replies · 1,418+ views
    The AP via Yahoo! News ^ | July 28, 2006 | Andrew Taylor
    Congress would pass an increase in the minimum wage before leaving Washington for vacation, but only as part of a package rolling back taxes on the heirs of multimillionaires, a Senate leadership aide said Friday. The GOP package would also contain a popular package of expiring tax breaks, including a research and development credit for businesses, and deductions for college tuition and state sales taxes. The wage would increase from $5.15 to $7.25 per hour, phased in over the next two years, the aide said. The maneuver is aimed at defusing the wage hike as a campaign issue for Democrats...