Posts Tagged ‘minimum’

OECD: 130 countries agree on minimum global corporate tax rate

A global corporate tax rate of at least 15% was agreed upon by 130 countries, the Organisation for Economic Co-operation and Development (OECD) said on Thursday. But Hungary and Ireland were part of a small group of countries that did not agree on the tax rate on multinationals. The Irish government expressed its “broad support” […]

130 Nations Back Deal On Global Minimum Corporate Tax Rate

FRANKFURT, Germany (AP) — Some 130 countries have backed a global minimum tax as part of a worldwide effort to keep multinational firms from dodging taxes by shifting their profits to countries with low rates. The agreement announced by the Organization for Economic Cooperation and Development Thursday also provides for taxing the largest global companies […]

Biden To Solve Poverty With One Trillion Dollar Per Hour Minimum Wage

WASHINGTON, D.C.—Amid growing concerns that record federal spending could cause Americans’ hard-earned money to become worthless, Biden announced his new plan that will save everyone and end poverty forever: a one trillion dollar minimum wage.  “Listen, folks, it’s real simple. Just give everyone a trillion dollars every hour and they’ll have all the money they need!” […]

Workers Insist The $15 Minimum Wage Fight Isn’t Over

Above photo: Sen. Bernie Sanders (I-Vt.) at 2014 rally to raise the minimum wage. Sanders Senate office. Labor Groups Angry that Biden and Democrats Didn’t Push for the New Base Pay in the $1.9 Trillion COVID Relief Legislation. Women comprise the overwhelming majority of frontline workers who risk their lives and the lives of their families […]

Expansive private island in Bahamas goes up for sale – with no minimum bid

For those who fancy owning a private island in the Caribbean, with undeveloped forested hills and pristine white sand beaches stretching across a total of 730 acres, Little Ragged Island in the Bahamas has been put up for sale at an auction with no minimum bid. The island, also known as St Andrew’s, is both […]

House passes $1.9 trillion COVID-19 relief bill with $15 minimum wage increase

On Friday, the House passed a $1.9 trillion COVID-19 relief bill in a vote of 219 to 212. The bill includes a $15 minimum wage increase, an extension of unemployment insurance, survival checks, and $20 billion for a national vaccination program. Two House Democrats, Representatives Jared Golden (ME) and Kurt Schrader (OR) voted no on […]

‘It should be easier to raise minimum wage than to drop bombs on Syria’: Progressives fume at Biden

The contrast between the procedural difficulty of pushing a modest pay increase for millions of workers through the Senate and the relative ease with which President Joe Biden—without congressional approval—launched a deadly bombing campaign in Syria late Thursday was the subject of much discussion and outrage as the president’s lethal operation overseas coincided almost simultaneously […]

CNN’s Van Jones: ‘Suicide’ for Democrats if They Don’t Pass Minimum Wage Hike

Political commentator Van Jones said Friday on CNN’s “Inside Politics” that it was ” it is suicide for the Democratic Party” if they do not pass an increase to the federal minimum wage. Jones said, “I think this minimum wage fight is a big deal. I don’t think that people who are looking at this […]

Senate parliamentarian says minimum wage increase cannot be in relief bill, Progressives urge VP Kamala Harris to use her power to keep it in

In President Biden’s American Rescue Plan, he included a minimum wage increase to $15 per hour. The White House website states: Throughout the pandemic, millions of American workers have put their lives on the line to keep their communities and country functioning, including the 40 percent of frontline workers who are people of color. As […]

Pelosi to Keep Minimum Wage Hike in COVID-19 Relief Bill Despite Parliamentarian’s Ruling

Some Democrats posited that MacDonough’s ruling wasn’t binding and said Vice President Kamala Harris, as president of the Senate, should overrule her. “I’m sorry—an unelected parliamentarian does not get to deprive 32 million Americans the raise they deserve. This is an advisory, not a ruling. VP Harris needs to disregard and rule a $15 minimum […]

Senate Parliamentarian Shoots Down Biden, Democrat Push to Hike Minimum Wage in $1.9 Trillion Coronavirus Bill

The U.S. Senate parliamentarian ruled Thursday evening that President Joe Biden and congressional Democrats cannot procedurally include a minimum wage hike in their $1.9 trillion coronavirus relief package, a setback for the Democrats and the new president. The ruling by the parliamentarian is a major setback for Democrats who had hoped to include a hike […]

“Not ready to give up”: Democrats push senate to keep popular $15 minimum wage in stimulus bill

[embedded content] As the House of Representatives prepares to pass a $1.9 trillion coronavirus relief package, a fight is brewing over the inclusion of an increase to the federal minimum wage to $15 an hour. The measure is at risk in the Senate, where conservative Democrats Joe Manchin of West Virginia and Arizona’s Kyrsten Sinema […]

GOP senator rejects $15 minimum wage saying he once earned $6 an hour, or $23 with inflation

Republican Senator John Thune has rejected an effort from congressional Democrats to raise the federal minimum wage from $7.25 an hour to $15, pointing to his $6 or less hourly wages that he earned working at a restaurant as a “kid”. The senator from South Dakota – where the state-level minimum wage is set at […]

McDonald’s SPIES on its employees seeking minimum wage of $15 per hour – media

Fast food giant McDonald’s has reportedly set up a team of ‘intelligence analysts’ to monitor and gather data on employees suspected of being members of the ‘Fight For $15’ movement, which seeks a minimum wage hike. The damning revelation on the alleged in-house espionage practiced by McDonald’s was published by Vice’s Motherboard on Wednesday. The […]

Dem Rep. Khanna: W.H. ‘Has Every Power to Disregard’ Parliamentarian on Minimum Wage Increase

On Wednesday’s broadcast of MSNBC’s “Last Word,” Rep. Ro Khanna (D-CA) stated that the White House “has every power to disregard” the Senate parliamentarian’s decision if the parliamentarian rules that a $15 minimum wage cannot be passed through budget reconciliation. Khanna said, “There is no provision in the Constitution that says that the Senate parliamentarian […]

‘This is unacceptable’: Progressives reject Manchin plan to cut $15 minimum wage proposal to $11

Democratic Sen. Joe Manchin of West Virginia on Monday said he will push an amendment to slash the $15 federal minimum wage proposal in the emerging coronavirus relief package to $11 an hour, an idea that progressives immediately rejected as an “unacceptable” attempt to weaken a popular and long-overdue pay raise for tens of millions of workers. […]

Biden Warns Governors Minimum Wage Hike Won’t Happen Even With Dems In Control

And in a call late last week, Biden reportedly told a group of governors and mayors from around the country that a minimum wage hike simply wouldn’t make it through the reconciliation “I really want this in there but it just doesn’t look like we can do it because of reconciliation,” Biden told the group, […]

Manchin: I Will Not Vote for COVID Bill on Party-Line Vote, I Oppose $15 Minimum Wage, and Think State and Local Gov’t Number ‘Way High’

On Tuesday’s broadcast of the Fox News Channel’s “Special Report,” Sen. Joe Manchin (D-WV) criticized the minimum wage increase and funding for state and local governments in President Joe Biden’s coronavirus relief proposal and said that he will not vote for a coronavirus relief package on a party-line vote. Manchin said, “I don’t think that’s […]

The Trade Union Movement Must Organise Minimum Wage Workers

Above photo: A trade union rally in Trinidad. Al Jazeera. The twenty-first century has seen the Trade Union Movement in Trinidad and Tobago consistently under attack, severely criticized and victimized by the ruling economic and political elites. The thousands of sugar workers were the first group of organised workers this century to suffer mass retrenchment. […]

Joe Biden’s $15 Minimum Wage Could Kill More than 1.3 Million Jobs

President-elect Joe Biden’s proposal to raise the national minimum wage to $15 an hour could put more than 1.3 million Americans out of work. On Thursday, Biden unveiled his $1.9 trillion dollar spending plan meant to tackle the economic consequences of the novel coronavirus pandemic. The president-elect’s proposal, which seeks to allocate more money for […]

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