Plan Could Add Tax Breaks to Wage-Hike Bill

January 2007
ENR: Engineering News-Record;1/22/2007, Vol. 258 Issue 3, p9
Trade Publication
This article reports on a bill that was proposed by the U.S. Senate, which is aimed at raising the minimum wage and implement tax breaks for small companies. The Senate tax proposal, which Finance Chairman Max Baucus announced on January 12, 2007 is estimated to cost $8.3 billion over 10 years. The cost of the new breaks would be offset by revenue-raising provisions.


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