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, congressional aides said Friday.
The estate tax — aka the Paris Hilton Tax — benefits only the ultra-wealthy. This year, the exemption level is $2 million ($4 million per couple), which means only 5 out of every 1,000 people who die will pay the tax.
Bill Samuel, a lobbyist for the AFL-CIO, said adding the estate tax to the minimum wage “is the mother of all poison pills. It can’t possibly pass the Senate.”http://thinkprogress.org/2006/07/28/house-conservatives-2-for-workers-but-only-if-paris-gets-millions/---
Repubs gotta try and butter the bread that got them there.
Even if it means screwing the working class, one more time.
---