TITLE

TBMA Submits Comments to Bush's Tax Panel

AUTHOR(S)
Newman, Emily
PUB. DATE
March 2005
SOURCE
Bond Buyer;3/22/2005, Vol. 351 Issue 32095, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the proposal of the Bond Market Association (TBMA) for the advisory tax panel of U.S. President George W. Bush to make all tax-exempt bond interest excludable from the alternative minimum tax (AMT), relax curbs on private-activity bonds and eliminate rules governing the interest deduction on borrowing. Claim of TBMA that the proposed chages would promote long-run economic growth and strengthen the competitiveness of the country in the global marketplace; Need for bonds to be free form the AMT threat; Call for the panel to consider easing some of the restrictions on the private use of federally tax-exempt borrowing.
ACCESSION #
16513137

 

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