Tuesday, May 24, 2005

Senators Look to Abolish Alternative Minimum Tax - 24 May 2005

Senators Look to Abolish Alternative Minimum Tax - 24 May 2005:
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"President Bush's tax panel, appointed to make recommendations on simplifying the tax code, has said it would urge eliminating or changing the AMT, but members have warned that repeal could mean making other unpopular changes, such as lowering deductions for mortgage interest, charitable giving or health care costs."

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