Transcript article from our research archive:
|
|
ALTERNATIVE MINIMUM TAX:CHUCK GRASSLEY
- Article from:
-
Congressional Testimony
- Article date:
-
June 27, 2007
|
Copyright informationProvided by ProQuest LLC. (Hide copyright information)
|
Congressional Testimony
06-27-2007
Statement of Senator Chuck Grassley Committee on Senate Finance June 27,
2007 I want to thank Chairman Baucus for holding this hearing and for working
with me now and for the past several years to protect middle-class taxpayers
from the Alternative Minimum Tax. This hearing is especially important
in light of my often-stated view that the Alternative Minimum Tax is generally
not getting the attention it deserves in Congress, and especially in the
other body. The last increase in exemption amounts that Chairman Baucus
and I worked to put in place has expired, and new taxpayers are being caught
by the Alternative Minimum Tax right now. Less than two weeks ago, ...
Related newspaper, magazine, and journal articles:
|
SEN. GRASSLEY ISSUES STATEMENT REGARDING ALTERNATIVE MINIMUM TAX
US Fed News Service, Including US State News;
June 27, 2007 ;
512 words
......middle-class taxpayers from the Alternative Minimum Tax. This hearing is especially...often-stated view that the Alternative Minimum Tax is generally not getting...are being caught by the Alternative Minimum Tax right now. Less than two...
|
|
Alternative minimum tax gets scolding.
Daily Oklahoman (Oklahoma City, OK);
January 17, 2007 ;
682 words
......is an old favorite, the alternative minimum tax, which Olson describes...tax-law complexity. That alternative minimum tax was designed to eliminate...loopholes that prompted the alternative minimum tax in 1969 have been abolished...
|
|
Congress, please fix the Alternative Minimum Tax?
Telegraph - Herald (Dubuque);
May 16, 2007 ;
389 words
......Congress has failed to fix the Alternative Minimum Tax. Every year, politicians...sense. Created in 1969, the Alternative Minimum Tax closed loopholes for Americans...million people fell into the Alternative Minimum Tax category. In the 2007 tax...
|
|
BEWARE THE ALTERNATIVE\ MINIMUM TAX COULD HIT A QUARTER OF ALL TAXPAYERS...
The Cincinnati Post (Cincinnati, OH);
January 20, 2004 ;
420 words
......Americans have heard of the Alternative Minimum Tax, but many taxpayers are...taxes pushed her into the Alternative Minimum Tax last year, so now it is...households will owe the Alternative Minimum Tax by 2010. Some 52 percent...
|
|
Congress gives no relief on alternative minimum tax
The Record (Bergen County, NJ);
December 14, 2005 ;
448 words
......Congress gives no relief on alternative minimum tax -- Leaves millions more...the growing reach of the alternative minimum tax this year, leaving more...legislation addressing the alternative minimum tax won't be completed this...
|
|
House Slows Alternative Minimum Tax
AP Online;
May 6, 2004 ;
574 words
......middle-income households into the alternative minimum tax each year. About 3 million...growth in the individual alternative minimum tax is a major problem in the...but are ignored in the alternative minimum tax system. These include high...
|
|
Presidential panel endorses repeal of alternative minimum tax.
Newsday (Melville, NY);
July 21, 2005 ;
494 words
......should be spared paying the alternative minimum tax, a presidential panel said...pay their fair share, the alternative minimum tax is increasingly affecting...will be subject to the alternative minimum tax when they file their taxes...
|
|
2001 TAXES: ALTERNATIVE MINIMUM TAX HITTING MORE FILERS
The Columbian;
February 10, 2002 ;
700+ words
......year regarding the dreaded alternative minimum tax. First the good news: Exemptions...escape income taxes, the alternative minimum tax now is snaring more and...before the big tax cut. The alternative minimum tax is frequently triggered...
|
|
House votes to slow complicated tax; Alternative minimum tax ensnaring...
Telegraph - Herald (Dubuque);
May 6, 2004 ;
528 words
......middle-income households into the alternative minimum tax each year. About 3 million...taxpayers stuck with an alternative minimum tax bill often have a combination...but are ignored in the alternative minimum tax system. These include high...
|
|
'Patch' would help middle-class households evade alternative minimum tax.
Newsday (Melville, NY);
December 15, 2005 ;
641 words
......pass legislation on the alternative minimum tax, many New Yorkers shuddered...QUESTION: What is the alternative minimum tax? ANSWER: It was passed...million households paid the alternative minimum tax, up from 414,000 households...
|
|
Alternative minimum tax may hit home.
Columbus Dispatch (Columbus, OH);
January 21, 2007 ;
697 words
......Grassley, a Republican, describes the alternative minimum tax. The alternative minimum tax, or AMT, is a separate income-tax system...2004, 85 percent of households paying alternative minimum tax earned between $100,000 and $500,000...
|
|
Taxing questions Alternative minimum tax's impact increases
The Pantagraph Bloomington, IL;
February 8, 2004 ;
700+ words
......Revenue Service calls the alternative minimum tax. But experts say it is...19,000 people owed the alternative minimum tax in 1970, 2.6 million people...additional tax under the alternative minimum tax. More being taxed The tax...
|
See all results.
Or, try our
Advanced Search.
|