WASHINGTON (Aug. 1, 2006) — House Republicans pushed through a bill combining a permanent repeal of the estate tax with a gradual three-year increase in the minimum wage to $7.25 from $5.15 per hour. The vote was 230 to 180.
The bill, which also extends some temporary tax cuts, is not expected to survive in the Senate, which several weeks ago failed to pass a bill to repeal the estate tax.
The automotive aftermarket generally had no comment on the legislation. Robert L. Redding, Washington representative for the Automotive Service Association (ASA), said he had been hopeful the Senate bill would include a provision on Small Business Health Plans to allow small business associations to negotiate across state lines for low-cost health insurance for their members. But that now seems unlikely to happen, he said.