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Tuesday, October 31, 2006

Bloomberg: Candidates Are Ignoring AMT "Time Bomb"

Interesting article today on Bloomberg: Candidates Are Ignoring $1.35 Trillion Minimum Tax "Time Bomb", Ryan J. Donmoyer:

Congressional candidates this fall are furiously debating Iraq, Medicare and extending tax cuts. Most are staying quiet about an imminent legislative challenge: how to stop a tax increase that will hit more than 20 million households next year, some with incomes as low as $50,000.

http://taxprof.typepad.com/taxprof_blog/2006/10/bloomberg_candi.html

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