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AMT, RECONCILIATION BILLS ROLL INTO 2006?
December 14, 2005
Senate Majority Leader Bill Frist says nothing will happen before year-end with the AMT punt fix and the Tax Reconciliation bill. So far the Senate Democrats haven't panicked like their house counterparts to pass a separate AMT fix. If the AMT fix has to be included in the Tax Reconciliation, Republicans may be unable to extend the reduced capital gain and dividend rates beyond 2008.
The status of Bill Thomas as a diabolical genius hangs in the balance.
The Tax Prof has a full roundup of big-media coverage.
• AMT Bookmark: del.icio.us • Digg • reddit
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