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The Alternative Minimum Tax for Individuals: Legislative Activity in the 110th Congress
The alternative minimum tax (AMT) for individuals was originally enacted to ensure that all taxpayers, especially high-income taxpayers, pay at least a minimum amount of federal taxes. However, the AMT is not indexed for inflation, and this factor, combined with recent reductions in the regular income tax, has greatly expanded the potential impact of the AMT. This report explains legislation for the FY2009 budget compromise, which includes an offset AMT patch.
Date:
July 1, 2008
Creator:
Maguire, Steven & Teefy, Jennifer
System:
The UNT Digital Library
Reforming the Regulation of Government-Sponsored Enterprises in the 110th Congress
This report provides background on the government-sponsored enterprises (GSEs) reform issue, summarizes the provisions of H.R. 3221 and the Senate Banking Committee bill.
Date:
July 1, 2008
Creator:
Jickling, Mark; Murphy, Edward V. & Weiss, N. E.
System:
The UNT Digital Library