Saturday, July 29, 2006

Wage of the Wealthy

"ThinkProgress reported this morning that congressional conservatives were planning to allow a vote on the minimum wage today or tomorrow, but only if it was coupled with a poison pill provision that enacted Bush’s Associated Health Plans.

New reports indicate that conservatives are ditching one poison pill in favor of another. The AP writes:

Republican leaders are willing to allow the first minimum wage increase in a decade but only if it’s coupled with a cut in inheritance taxes on multimillion-dollar estates, congressional aides said Friday.

The estate tax — aka the Paris Hilton Tax — benefits only the ultra-wealthy. This year, the exemption level is $2 million ($4 million per couple), which means only 5 out of every 1,000 people who die will pay the tax. . ."

1 comment:

Bob said...

Well; after months I still can't get Blogger to Blog at all and now even my email posts are disappearing.

Is blogging becoming more trouble than it's worth?

This is really, really aggravating.