Corporate Tax

The primary senators levy corporate earnings tax to permit the minimal wage to be elevated (2)

Two Senate committee chiefs are looking for ways to collect taxes on companies that pay less than $ 15 an hour. This is part of a new strategy to include President Joe Biden’s drive to raise the minimum wage to this level on his Covid-19 auxiliary bill.

Senate Budget Committee Chairman Bernie Sanders and Senate Finance Committee Chairman Ron Wyden said Thursday evening they would consider strategy after a heavy blow was dealt to prospects of including a wage increase in the bailout package.

Senator Bernie Sanders speaks during a hearing on February 25 in Washington, DC.

Photographer: Stefani Reynolds / The New York Times / Bloomberg

Earlier on Thursday, the Senate MP had ruled that the Democrats’ proposed minimum wage would violate the rules for …

Related Articles