Friday, July 28, 2006

House Republicans Tie Minimum Wage Hike to Tax Cuts for the Wealthy

Republicans in the House are willing to put through a minimum wage increase for the first time in nearly 10 years, but there’s a catch — the minimum was increase would be “coupled with a cut in future inheritance taxes on multimillion-dollar estates.” The Senate would take a vote on the measure next week before Congress leaves on a monthlong recess.

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