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AP| Politics
Republicans argue that the penalties violate Obama's tax pledge, and they liken the millionaire's tax to the Alternative Minimum Tax , which Congress enacted in 1969 to ensure that wealthy Americans cannot use loopholes to avoid paying any
Story|11/03/2009
Senate Leaders Reconsider Medicare 'Doctor Fix' That Critics Say Adds $247B to Debt
FOXNews.com| Politics
commission come up with a more comprehensive plan to reform the physician payment process, along with the Alternative Minimum Tax (AMT), and extend expiring tax cuts among other provisions. It's not known when the Senate will vote
Story|10/20/2009
New Projections Show $1.8T Deficit for 2009
FOXNews.com| Politics
also would renew most of the Bush tax cuts enacted in 2001 and 2003, and would permanently update the alternative minimum tax so that it would hit fewer middle- to upper-income taxpayers. The Associated Press contributed to this
Story|05/11/2009
Rep. Ryan on Conservative Fiscal Strategy
FOXNews.com| Hannity
really simple, 10 percent on joint filers with incomes of $100,000 25 percent on income beyond that. Alternative minimum tax eliminated. Eliminate taxation on capital gains and dividends. I think that would jump-start and put a
Story|04/10/2009
“6 Ideas to Save America”: Economic Recovery « The Great American Blog
Other Stories
040909_ideas_1 Simplifying the marginal tax rate structure, lowering the corporate tax and eliminating the alternative minimum tax /taxation of dividends and capital gains is the foundation for the Republican Party's strategy to save the
Blogs|04/09/2009
Democrats' Top Five Budget Tricks and Gimmicks - FOXNews.com
| FOXNews.com| Opinion
budgets claim, unbelievably, that this tax would be "revenue-neutral." Congress also pretends that the Alternative Minimum Tax will be allowed to slam the middle class, providing only for a 1-year fix, despite the White House insistence
Story|04/06/2009
Highlights of budget plans by Obama, Democrats
U.S.
except for individuals making $200,000 a year or couples earning $250,000 a year. Permanently addresses alternative minimum tax (AMT) so more than 20 million taxpayers don't get hit with tax increases averaging $2,000 a year, and
Story|04/02/2009
House takes up a plan tied to health care overhaul
| AP| Politics
s $400 tax credit for most workers will expire after 2010 and fail to permanently extend relief from the alternative minimum tax . Given the recession and the financial crisis, the budget outlook has become truly bleak, with the deficit
Story|04/01/2009
Senate tax writer proposes middle-class tax cuts
| AP| Politics
would protect middle-income taxpayers from the alternative minimum tax and the marriage penalty, would lock in 2009 estate ..... and due to expire in 2010. The cost of adjusting the alternative minimum tax _ a tax originally aimed at catching a few very rich
Story|03/26/2009
Senate Panel Endorses Modified Version of Obama's Budget Plan
AP| Politics
sleights of hand in the congressional plans, such as abandoning Obama's promises for permanent relief from the alternative minimum tax and other politically essential legislation, such as money to shelter doctors from cutbacks in payments they
Story|03/26/2009