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ALTERNATIVE MINIMUM TAX:CHUCK GRASSLEY


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, ...

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