Despite Democratic attempts, Green and the GOP leadership refused today to allow an up-or-down vote on an increase in the federal minimum wage, which has not been raised since 1997 and is at its lowest level in 50 years, when adjusted for inflation
Instead, Green and Republicans passed an estate tax bill that benefits the wealthiest and adds nearly $800 billion to the already burgeoning federal deficit over the next 10 years. While 6.6 million workers would benefit from an increase in the minimum wage – including 760,000 single mothers – less than 1 percent of all Americans would benefit from the GOP estate tax plan.
How did Mark Green vote?
While Green blocks efforts in Congress to increase the federal wage, Governor Doyle raised the minimum wage last year for an estimated 150,000 Wisconsin families for the first time in eight years. In June, it went up again – making Wisconsin’s minimum wage $1.35 higher than the federal minimum wage.
What really get me about this is:
The Medicare Part D law requires our seniors to spend most of their life savings before they qualify for real savings in the program. So the GOP is saying that the ability to pass wealth on to your children is important, but not more important that passing your wealth on to drug companies.
1 comment:
Contrary to popular belief, Paris Hilton wouldn't be helped or hurt by raising or lowering the estate tax.
Estate taxes tax people when they die. Paris Hilton's parents are both still alive, as is her grandfather, Barron Hilton.
Her great-grandfather, Conrad, died in 1979, before Paris was born. You cannot leave money in your will to those who are not born yet. So Paris was left none of that money. Most of the money was actually left to charitable foundations...
Paris Hilton also earns quite a bit for her TV show (bad as it is), and her perfume, etc. Forbes estimates she earned $6.5 million in 2005. So since she is earning $6.5 million per year, I doubt she even needs to inherit anything when her grandfather or parents die.
She's sort of taken the idea of being an heiress and turned it into a way to make money. She may be a skank, but she earns her keep.
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