We are finally getting a minimum wage increase but...?

Question

So they have decided that it is FINALLY time to raise the minimum wage, but at a cost. They want to pass a property inheritance tax exemption. and what that means is that in order for minimum wage workers to get a raise in the minimum wage the government wants to pass legislation that makes it where the top 7500 richest people don't have to pay the inheritance tax. COME ON?!?! does anyone else think this is completly rediculous?!?! What is going on we are being a$$ raped by the government. Here is the link for it http://www.cnn.com/2006/POLITICS/07/28/minimumwage.ap/index.html

Answer 1

As you say COME ON - did you really expect it to be of benefit to us? Of course, I guess there are first for everything!

Answer 2

Oprah did a show just two days ago on people living on minimum wage. Even with two jobs they have no health insurance and still can barely make ends meet. Some were living in a shelter They have nothing for savings. This increase in Jan is a dollar increase--too little too late. 1 to 5 % of the population still control 90% of the wealth of this country to exempt 7500 rich people from inheritance tax means the rich continues to get richer and the poor get poorer. E mail your congressman or senator. Most of us are just 2 or 3 pay checks away from homelessness.

Answer 3

Inherritance tax is the real ripp-off. The government takes a percentage of every asset from a dead person's estate after they have already paid tax on the same money several times over, and the government did nothing to earn it.

PS: dont believe everything you read on CNN, theres probably alot more to the story.

Answer 4

Repukes have always believed in supply side economics, if you give a rich guy a dollar he puts it in the bank, if you give a poor guy a dollar he spends it, now which is better for the economy. Supply side economics has never worked and has always resulted in a recession or depression. The first to try it was Herber Hover and I think we all know how that turned out.

Answer 5

i think of reducing taxes for human beings yet slightly elevating them for agencies is the answer. elevating minimum salary, at an identical time as curiously like its a win-win for each guy or woman, os truly no longer. A corporation' greatest cost is hard artwork. by elevating minimum salary you're assisting a guy or woman out slighty, merely slighty through fact truly a greenback an hour for a complete-time worker is $40 a week. till now taxes. After taxes that's greater or less $32 dollars a week. Thats no longer lots of something. yet elevating the minimum salary that a corporation has to pay could be unfavorable for them. particularly interior the hard financial cases we are in now. while issues get tight for a corporation the 1st ingredient they do is shrink workers hours or stress lay-offs which might placed human beings out of artwork and offset any solid elevating minimum salary did. I dont have self assurance increasing human beings's skills will do something in any respect. Unskilled hard artwork is somewhat something that's mandatory interior the international. this is the bread and butter of what we live for. as nicely in case you merely began handing out unfastened college to definitely everyone interior the country that needed it, faculties throughout could grow to be severe college. all of us comprehend how efficient severe college is. college and commerce colleges are already made obtainable for people who cant take care of to pay for it and that want to artwork hard and instruct that they are in it for the long-term. We cant stress unskilled workers to need to verify something they dont want to.

Answer 6

It's very convenient for the retardlicans to do this. See, they get what they want both ways. they force the dems to vote to repeal the inheritance tax. OR if the don't vote for it, then the retardlicans can say "well we tried to raise minimum wage BUT the dem's just wouldn't vote for it.". They win no matter which way the vote goes.

Answer 7

Evidently, the government does not feel that we are doing enough for the richest people in the country.

Answer 8

Yes, its a slap in the face to every American no matter how much money you make. Most republicans just have not figured that out yet..

Answer 9

That's the difference between Republicans and Democrats. One looks out for the little guy, the other looks out for the rich. I'll let you figure out which one.

Answer 10

this is just another example of the corrupt administration at work!!! it seems like it means to get a penny you have to lose a dollar...