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Home :  Federal Budget & Tax : 
Federal Budget & Tax:      News     Blog     Background    



Wednesday, November 08, 2006

Trifecta's Ghosts

6 minimum wage ballot initiatives passed yesterday, and an initiative to repeal Washington state's estate tax failed.

Pretty much all of these initiatives went the way they did by wide margins. And I haven't seen anything on it, but it would be interesting to see how they affected voter turnout.

Meanwhile, USA Today has officialy declared estate tax repeal dead. Time: November 7th.

As for the federal minimum wage, it may be the first thing passed in the new Congress. We'll have to see how much money it will be raised by, over what time period, and whether it will be indexed to inflation.



Posted by Matt Lewis, 03:38:11 PM




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