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Tax Hikes Hiding in Budget Resolutions' Treatment of AMT Patch

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Publication Date: March 2008

Publisher(s): Heritage Foundation (Washington, D.C.)

Author(s): JD Foster

Series: WebMemo

Topic: Banking and finance (Taxation and tax policy)

Keywords: Budget; amt; paygo; budget process

Type: Brief

Coverage: United States

Abstract:

Congress should include language in the budget resolution to extend the AMT patch without an accompanying tax hike.