TITLE

Want a Quick Stimulus? Make Private-Activity Bonds Not Subject to AMT

AUTHOR(S)
Heimowitz, Daniel
PUB. DATE
December 2008
SOURCE
Bond Buyer;12/15/2008, Vol. 366 Issue 33023, p27
SOURCE TYPE
Trade Publication
DOC. TYPE
Editorial
ABSTRACT
The author comments on the proposal to exempt private-activity bonds (PABs) for transportation projects from alternative minimum tax in the U.S. He stresses that the move would result to the issuance of billions of tax-exempt PABs without government expense. The author stresses the benefits that will be gained by the bond market from the move.
ACCESSION #
35881297

 

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