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Keyword: mimimum

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  • Senators Seek Solution to Alternative Tax

    05/23/2005 9:33:22 AM PDT · by NormsRevenge · 4 replies · 461+ views
    AP on Yahoo ^ | 5/23/05 | Mary Dalrymple - AP
    WASHINGTON - Lawmakers have been building temporary dams to hold back the alternative minimum tax. Now, a bipartisan group of senators wants to eliminate the levy, originally aimed at wealthy tax dodgers, before it rushes into the middle class. Four senators — two Republicans and two Democrats, including the leaders of the Senate Finance Committee — hope to force serious discussion about altering or abolishing the levy by introducing a $611 billion bill to repeal it. "We're saying, in our bill, is that this ought to be at the top of the list in terms of tax reform," said Sen....