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Provisions in the Fair Minimum Wage Act of 2007

Summary

SIFMA provides comments to U.S. Senate Majority Leader Harry Reid (D-Nev.) on provisions in the Fair Minimum Wage Act of 2007, H.R. 2, which is scheduled to be considered by the U.S. Senate. SIFMA strongly objects to four tax increases included in a tax package that recently passed the Senate Finance Committee, noting that the increases place disproportionate burdens on the business community and the financial services industry.

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Date

22

January

2007

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