Thursday, August 03, 2006

However...

... And there is always a "however"

What they don't tell you is that while the minimum wage has been increased, the workers who get tips (read waiters, waitresses etc...) will see their wages decrease by up to $3 per hour just because they get tips. So in a sense the public will be subsidizing these workers' wages to the benefit of their employer.

And all this aside from the tax breaks-major and minor-which is included in this bill.

Does anyone think about the people at all?

An Estate Tax Twist Reverses Party Roles On Minimum Wage
Prodded by moderate Republicans eager to undercut criticism by Democrats that GOP economic programs overwhelmingly favor the rich, the House approved the package last week, including a three-year phased-in boost in the nation's minimum allowable hourly wage to $7.25 from the current $5.15. It would be the first increase in the minimum wage in nine years.

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