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Daily Archives: Aug 2, 2006

Sales Tax Holiday

Tennessee has declared the weekend of August 4-5-6 its first "sales tax holiday." For anyone buying school supplies, clothing and related items, including computers,...

House passes $2 minimum wage increase – with a $750 billion estate tax cut

From the Working Families e-Activist Network, AFL-CIO "Increasing the minimum wage from $5.15 an hour to $7.25 would give some 6.6 million low-wage workers a much-needed $1,200 a year raise and would not cost taxpayers a dime. In contrast, the estate tax cut would exempt estates as large as $7 million—permanently—from the tax and lower taxes for even wealthier estates. The payoff? An average $1.4 million windfall for each of roughly 8,200 rich estates. And a $750 billion tab for taxpayers. It gets worse! House Republican leaders poisoned the minimum wage portion of the measure by slipping in a vindictive provision that would actually lower pay for tipped employees and prohibits states from fully restoring their wage protections. Don’t let the Senate accept this disgusting political ploy by House Republicans. Call your senators now and tell them to support the filibuster against H.R. 5970. "

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