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Key Senators Float Corporate Tax to Enable Minimum-Wage Hike (2)

Feb. 26, 2021, 1:48 PM

Two Senate committee chiefs are looking at ways to raise taxes on companies paying workers less than $15 an hour, as part of a new strategy to include President Joe Biden’s push to boost the minimum wage to that level in his Covid-19 aid bill.

Senate Budget Committee Chairman Bernie Sanders and Senate Finance Committee Chair Ron Wyden said Thursday evening they were considering the strategy after prospects for making a wage increase part of the relief package were dealt a severe blow.

Senator Bernie Sanders speaks during a hearing in Washington, D.C., on Feb. 25.
Photographer: Stefani Reynolds/The New York Times/Bloomberg

Earlier Thursday, the Senate parliamentarian ruled that Democrats’ minimum-wage proposal fell afoul of rules for ...