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  • Motorsports Racetrack Property Aid? Puerto Rico Rum Taxes? In the Economic Rescue Bill?

    10/02/2008 11:53:38 AM PDT · by SilvieWaldorfMD · 11 replies · 1,266+ views
    ABC News Political Punch ^ | 10/2/08 | Jake Tapper
    The Senate Finance Committee has published a summary of some of the additions to the Emergency Economic Stabilization Act. There are many provisions in the bill that will directly benefit millions of Americans -- what's called the "AMT patch," for instance, which will protect 20 million middle class Americans from seeing a tax increase in 2009. Or tax deductions for tuition, and for teacher expenses. Corporations will see extensions of popular tax cuts -- for research and development, or renewable energies. But there's also some other stuff. My colleague Z. Bryon Wolf points out that it bears mentioning that all...