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taxgirl® - tax news, tax info and tax policy

June 26th, 2008

House Passes Tax Bill to Repeal AMT; White House Threatens Veto

Defying the White House, Representatives in the US House voted to prevent about 22 million taxpayers from being hit by the alternative minimum tax (AMT).
What?
Oh yeah, just like with any headline, there’s more.
The idea of AMT relief was originally endorsed by the GOP (such as Senator McCain). The problem with AMT relief? The […]

By Kelly -- 9 comments