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It was just to $7.15 over the next 3 years.

2006-08-08 05:29:30 · 7 answers · asked by firedragon 4 in Politics & Government Law & Ethics

7 answers

Because one of the fat cats tacked another tax break for the wealthy on the bill
an estate tax relief that would take away any taxes for up to $5 million dollars.

This Bill Passed the Republican Majority Congress in the last few years:

Since they came into office, Republicans have mounted an aggressive attack on the middle class by splurging on tax breaks for their rich friends and shifting that burden onto working Americans. At a time when so much is at

stake they are poised to pass another tax cut that only affects 2% of Americans—and will personally benefit

President Bush, Vice President Cheney and 11 other cabinet members up to $344 million. President Bush and his allies in Congress are putting their own interests and those of Paris Hilton and other wealthy Americans ahead of us. Check It Out..It's you, your children, and their children, ad finitem who will pay, pay ,pay.'

Washington Post..August 22, 2005

2006-08-08 05:39:04 · answer #1 · answered by Anonymous · 0 0

Because it would have put thousands of businesses, mostly small businesses, OUT of business. In most businesses, payroll is the #1 expense, so a raise to $7.15 an hour may seem small to most people, but for business owners this means a HUGE financial burden that would literally bankrupt the company. Raising the minimum wage would cause more problems than it would solve, and many of the folks on Capitol Hill are up for re-election this year...would look very bad if they supported an initiative that would devastate our economy.

2006-08-08 12:36:58 · answer #2 · answered by sarge927 7 · 0 0

Because they used the money to give themselves a raise instead. Everyone knows that peopel who make $200.00 a week need it far less than those makink $5000 a week.

2006-08-08 12:35:09 · answer #3 · answered by Darkchaos 4 · 0 0

because republicans attached a bill that would cut estate taxes, and the liberals didn't want that. They know they can get the votes without the tax cut, so they didn't back down FOR ONCE!

2006-08-08 12:35:00 · answer #4 · answered by hichefheidi 6 · 0 0

I'd like to hope because they realized it is the wrong way to encourage the free market to work -- and because they had courage. It's a hope anyway ....

2006-08-08 12:36:19 · answer #5 · answered by journey 2 · 0 0

the Congress did pass it, it was the Senate Democrats that blocked it.

2006-08-08 12:35:00 · answer #6 · answered by W E J 4 · 0 0

for their own self and to help the peoples who put them in office big bussness

2006-08-08 12:36:09 · answer #7 · answered by idontkno 7 · 0 0

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