Why Business Isn't Bucking This Minimum Wage Hike

With a push from election-minded Democrats, legislation to hike the minimum wage by $1, to $6.15 per hour, is chugging through Congress. So is business aghast? Hardly. While some retail and restaurant lobbies are irked, by and large trade groups are positively mellow. How come? Because when the legislative gravy train pulls in, it will be loaded with tax goodies for business.

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