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Article: Tax Breaks for Katrina May Aid Rich More
- Article from:
- AP Online
- Article date:
- September 20, 2005
- Author:
CopyrightThis material is published under license from the Associated Press. All inquiries regarding rights should be directed to the Associated Press. (Hide copyright information)
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MARY DALRYMPLE, Associated Press Writer
AP Online
09-20-2005
Dateline: WASHINGTON
Tax breaks designed to help Hurricane Katrina victims get their hands on needed cash could do more for higher income survivors than for the neediest, a congressional report says.
The Congressional Research Service, an office that provides lawmakers with nonpartisan legislative analysis, highlighted several items in tax bills that House and Senate tax writers reconciled Tuesday.
The tax bill is one avenue lawmakers have pursued in sending relief to hurricane evacuees. Since Katrina hit the Gulf Coast in late August, Congress has also approved $62 billion in emergency spending and promised more.
House and Senate ...