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BNET Business Dictionary
- Minimum Wage
- an hourly rate of pay, usually set by government, to which all employees are legally entitled
- Minimum Wage definition on BNET »
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- Big companies will pay the tab for tax breaks going to small firms.(TAXES)
- Big companies will pay the tab for tax breaks going to small firms under the minimum wage bill that Congress is likely to pass soon. To ease the pain of the $2.10-per-hour increase in the minimum wage, Congress added a number of breaks, most designed Big...
- Research articles 2007-02-23
- Congress working on several bills: interest focuses on taxes, wages and civil rights.
- Bills related to taxation, minimum wage, civil rights and other issues are in the works in Congress. Speculations are rife that tax cuts for businesses would be far-fetched due to a compromise between Republicans and Democrats regarding a minimum wage incBills related to taxation, minimum wage, civil rights and other...
- Research articles 1999-06-01
- SPENDING BATTLES BARRIER TO CONGRESS ADJOURNMENT.
- Congress hopes to wrap up its legislative business for the year this week, meaning furious battles over the federal budget, tax breaks and a proposed increase in the minimum wage. The long-running budget impasse between congressional Republicans Congress hopes to wrap...
- Research articles 1999-11-08
- Tax-break issues heat up in Washington; Congress agenda takes on drilling incentives, executive compensation.(News)
- Byline: Mike Versepej Tax breaks for businesses are on Congress' agenda - and in one case, the issue is surfacing earlier than expected. As part of the effort to boost the minimum wage from $5.15 to $7.25, Congress is trying to restrict...
- Research articles 2007-01-29
- Washington under construction: how retailers would build a new political agenda. (includes related articles on hardware and home improvement retailers' comments on legislative issues, minimum wage hike and the budget deficit)(Cover Story)
- Results of a survey conducted by Do-It-Yourself Retailing reveals hardware and home improvement retailers' dissatisfaction against taxes and government regulations. Respondents claim that the IRS is depriving them of incentives and profits. Complex tax fiResults of a survey conducted by Do-It-Yourself Retailing reveals hardware and home improvement retailers' dissatisfaction against...
- Research articles 1996-10-01
- Arkansas Governor Mike Huckabee Urges U.S. Senate to Pass Federal Estate Tax Relief / Minimum Wage Increase Package
- COLUMBIA, S.C., Aug. 3 /U.S. Newswire/ -- Based on the successes of tax reforms in his own state, Arkansas Governor Mike Huckabee said the Senate should use the same approach for national tax issues, beginning with the elimination of the death tax. The SeCOLUMBIA, S.C., Aug. 3 /U.S. Newswire/ --...
- Research articles 2006-08-03
Additional Resources
- Committee on Taxation (COT): staff liaison: Mark Prysock.(FEI TECHNICAL COMMITTEES)(Minimum Wage and Tax Relief Bill)(Brief article)
- Minimum Wage and Tax Relief Bill: The Senate recently passed a minimum wage and small business tax relief bill (H.R. 2), which includes a provision that would deny deductions for punitive damages and certain settlement payments. COT has urged both House and Senate leaders...
- Research articles 2007-04-01
- House passes minimum wage and tax package.(Brief Article)(Statistical Data Included)
- As expected, on March 9 the United States House of Representatives voted 282-143 to increase the federal minimum wage by $1 over two years. The increase was coupled with a small business tax relief bill passed earlier in the day (257-169). In addition...
- Research articles 2000-05-01
- Statement on Senate passage of minimum wage and tax relief legislation
- February 1, 2007 Today the Senate has passed significant legislation that will benefit America's workers and small businesses. By working in a bipartisan way to match a minimum wage increase with tax relief for small businesses, the Senate has taken a step toward helping maintain a strong and dynamic...
- Research articles 2007-02-05
- Clinton Says He'll Veto Bankruptcy Bill.(conroversy over bankruptcy legislation, and a minimum wage and tax rider attached by congressional Republicans)(Brief Article)
- In the waning hours of the first session of the 106th Congress, the full Senate took up its consideration of bankruptcy reform legislation (S. 625). At press time, the Senate had numerous amendments left to consider on this bill, and was stuck in a contentious debate over...
- Research articles 1999-11-15
- Congress wrestles with minimum wage: estate tax relief still up in the air
- The saga of estate tax relief continued in Congress and was joined by a renewed effort to increase the federal minimum wage. As we reported last month, the Senate intended to take up the Death Tax Repeal Permanency Act, which would have made the estate tax repeal scheduled for...
- Research articles 2006-08-01
- American Samoan Congressman Faleomavaega is meeting this week in San Diego with U.S. tuna boat owners, the South Pacific Tuna Corporation, Bumble Bee, and Chicken of the Sea to discuss important issues affecting the industry including minimum wage, 30A ta
- American Samoan Congressman Faleomavaega is meeting this week in San Diego with U.S. tuna boat owners, the South Pacific Tuna Corporation, Bumble Bee, and Chicken of the Sea to discuss important issues affecting the industry including minimum wage, 30A tax credits and pending legislation to treat...
- Research articles 2008-12-08
- The minimum-wage bill - congressional bill to be signed by Pres Clinton will increase minimum wage by 90 cents and provide $10 billion in tax relief for businesses over ten years - Brief Article
- The minimum-wage bill that was approved by Congress and that President Clinton said he would sign would increase the wage floor by 90 cents an hour, but it also would provide business with about $10 billion in tax relief over 10 years.A separate tax-related bill, enacted just before Congress adjourned...
- Research articles 1996-09-01
- Congress acts on minimum wage: bills pas house, Senate; one has tax breaks, one doesn't
- For the first time in 11 years, Congress voted to raise the federal minimum wage--almost. The House of Representatives passed the Fair Minimum Wage Act, which would raise the minimum by $2.10 an hour over two years. Specifically, the minimum would go to $5.85 an hour 60 days after...
- Research articles 2007-03-01
- Congress considers raising federal minimum wage
- Speaker of the House Nancy Pelosi and fellow Democrats proposed raising the federal minimum wage from $5.15 to $7.25 per hour as one of its first priorities in 2007. The Senate instead proposed adding new tax breaks for small businesses in order to attract votes for the wage hike from...
- Research articles 2007-03-01
- Pelosi Statement on Senate Vote on Minimum Wage
- WASHINGTON, Aug. 4 /U.S. Newswire/ -- House Democratic Leader Nancy Pelosi released the following statement late last night on the Senate's vote to reject a Republican bill linking the estate tax and the minimum wage: WASHINGTON, Aug. 4 /U.S. Newswire/ -- House Democratic Leader Nancy Pelosi released the following statement...
- Research articles 2006-08-04
- Senate OKs minimum-wage boost to $7.25
- WASHINGTON -- The Senate voted overwhelmingly Thursday to boost the federal minimum wage by $2.10 to $7.25 an hour over two years, but packaged the increase with small business tax cuts and limits on corporate pay that could complicate its path to become law. The increase in the...
- Research articles 2007-02-02
- Two-year battle ends with C-stores victorious. (convenience store industry's reactions to the passage of the minimum wage bill)
- Members of the petroleum and convenience store industry see some advantages in the passage of the minimum wage bill. The bill includes a provision that changes the IRS' 15-year depreciation period for facilities that earn at least 50% of their gross revenues from petroleum sales and marketing. The bill will...
- Research articles 1996-09-01
- Two-year battle ends with C-stores victorious. (convenience store industry's reactions to the passage of the minimum wage bill)
- Members of the petroleum and convenience store industry see some advantages in the passage of the minimum wage bill. The bill includes a provision that changes the IRS' 15-year depreciation period for facilities that earn at least 50% of their gross revenues from petroleum sales and marketing. The bill will...
- Research articles 1996-09-01
- Senate approves minimum wage boost to $7.25
- WASHINGTON -- The Senate voted overwhelmingly Thursday to boost the federal minimum wage by $2.10 to $7.25 an hour over two years, but packaged the increase with controversial tax cuts for small businesses and higher taxes for many $1 million-plus executives. The increase in the minimum, the...
- Research articles 2007-02-02
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