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Congress Gives Relief for Alternative Minimum Tax [WSJ]

Sunday, January 24, 2010 - 12:15 PM
From the Wall Street Journal:
Congress passed legislation last year to prevent the rapid spread of the alternative minimum tax, or AMT, during 2009. [...] But the law provided relief only for 2009.
It's bad enough that bank interest is taxed as income, we shouldn't have to worry about AMT. I hope Congress can make AMT reform permanent.
Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
Rep Points: 125,708