Once again the Republicans in congress shows us what their values are. The minimum wage increase proposed by Democratic law makers is being held hostage by an estate tax cut. While raising he minimum wage would help millions of Americans the Republican controlled congress has attached an amendment to the bill that would affect only 8,200 of the wealthiest families in the United States. Not only that, but somebody would have to make up the $70 billion shortfall in tax revenues and you know who that isyou and me!
Make no mistake, this is class warfare and the wealthy class has all the weapons and soldiers. If they can’t get the tax cuts through congress there are other ways to make sure the rich get richer. The Administration is firing half of the IRS auditors who monitor the wealthiest estate tax filings. That’s right, 157 auditors and 70 support personnel are being removed from the estate tax division of the IRS. Why not just send notification to the 8,200 estates that they can cheat on their filings if they want to?
http://www.cbpp.org/7-28-06tax2.htm Compare minimum wage to Estate tax cuts
http://seattletimes.nwsource.com/html/politics/2003145999_irs23.html Bush fires IRS tax auditors who monitor the wealthiest estate tax filings.