Friday, July 28, 2006
Let's make these lawmakers live on minimum wage for a year, and then see if they continue resisting raising it.
I can't see the sense in tying a raise in minimum wage with a reduction in taxes on inheritances on multimllion dollar estates. How does that make sense?
Republican leaders are willing to allow the first minimum wage increase in a decade but only if it's coupled with a cut in inheritance taxes on multimillion-dollar estates, lawmakers said Friday.
"It's political blackmail to say the only way that minimum wage workers can get a raise is to give a tax giveaway to the wealthiest Americans," said Sen. Edward Kennedy (news, bio, voting record), D-Mass. "Members of Congress raised their own pay — no strings attached. Surely, common decency suggests that minimum wage workers deserve the same respect."
Here comes my favorite part of the article. Doesn't hypocrisy warm the heart?
It was a decade ago, during the campaign year of 1996, that Congress last voted to increase the minimum wage. A person working 40 hours per week at minimum wage makes $10,700, which is below the poverty line for workers with families.
Inflation has eroded the minimum wage's buying power to the lowest level in about 50 years. Lawmakers have won cost-of-living wage increases totaling about $35,000 for themselves over that time.