Skip to main content

Women's Wear Daily: Senate Expected to Add Tax Breaks to Wage Bill

By Kristi Ellis
Women's Wear Daily, 1/22/07

... Sen. Edward Kennedy (D., Mass.), a longtime champion of an increase who opposes the tax incentives, circulated a statement at a Friday press conference signed by hundreds of small-business supporters, including Eileen Fisher, president and chief executive officer of Eileen Fisher Inc.

"Higher wages benefit business by increasing consumer purchasing power, reducing costly employee turnover, raising productivity and improving product quality, customer satisfaction and company reputation," the executives said in the letter...

Stefani Greenfield, co-owner of Scoop, which operates 11 contemporary boutiques employing more than 350 people...

Dow Jones: Top Senate Democrat Predicts Quick, Clean Min Wage Vote

By John Godfrey
Dow Jones Newswires, 1/19/07

...Speaking at a press conference with Kennedy, Lew Prince, owner of St. Louis's Vintage Vinyl, a retail record store, said a minimum wage hike would help his business by giving his customers more to spend.

Edward Kuntz, executive chairman of the board for Kindred Healthcare Inc. (KND), also backs the increase...

WASHINGTON (Dow Jones)--One top senator predicted Friday that Congress will pass and President George W. Bush will soon sign into law a minimum wage increase without any other extraneous measures attached.

"The final bill will be...