Word: minimums
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...into a back-and-forth, which finally wakes up the crowd. By the time Obama moves on to immigration ("These are people who are trying to make a living. I understand they broke the law. But let me tell you something: if the minimum wage in Canada was $100 an hour ..."), he is, to steal a phrase, fired up. And the crowd, which cheers so loudly that he doesn't need to finish the sentence, is won over. The passionate response has answered their electability questions. As for the plus? On her way out of the event, even Svoboda offers...
...House passed a plan that would raise taxes on the lofty fees and bonuses that hedge-fund and private-equity managers receive. This has placed Senate Democrats, who will next take up the measure, in a quandary. They are compelled to fix the alternative minimum tax (AMT), which hurts big swaths of the middle class even though it was created to ensure that the very rich could not entirely escape paying income tax. But in doing so, the Democrats might have to raise taxes on a particularly lucrative donor base...
...bill, which cruised through the Senate Agriculture Committee without a dissenting vote. They blocked it because Senate Majority Leader Harry Reid refused to let them bog down the floor debate with scores of unrelated amendments designed to box Democrats into uncomfortable votes on issues like immigration and the alternative minimum tax. Most Senate Republicans like the farm bill just fine - Richard Lugar of Indiana is an honorable exception - but not as much as they like attacking the do-nothing Democratic Congress. They needed 40 votes to block Reid's effort to shut off debate, and they got 42, so Reid...
Congressional Democrats must feel a little disoriented by the emerging battle over how to pay for this year's fix for the Alternative Minimum Tax. The party that usually never misses an opportunity to portray itself as the champion of the working class suddenly isn't so wild about making a certain share of wealthy Americans pony up more cash to alleviate the impact of the AMT on millions of middle-class Americans. And for once, the Dems will be downright relieved if President Bush delivers on his veto threat, in this case effectively taking the difficult decision...
...billion measure at issue, passed last week by the House of Representatives, is the latest one-year band-aid to fix the AMT. Created in 1969 to ensure that the rich would pay at least a minimum amount of tax annually, the AMT has ended up walloping an increasing share of the middle class. This year 21 million "ordinary" Americans will be hit by it if Congress doesn...