Bill Would Reduce Number of AMT Payers

Barnett, Susanna Duff
June 2004
Bond Buyer;6/24/2004, Vol. 348 Issue 31912, p2
Trade Publication
Reports that New Jersey Representative Scott Garret has introduced legislation that would reduce the number of individuals who are subject to the alternative minimum tax in the U.S. Provision of the bill that allows individuals to deduct their state and local taxes from the tax; Benefit of the legislation to provide relief for middle-income individuals; Impact of the legislation on taxpayers.


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