Washington Journal
Tax Policy
2005-12-08T09:20:27-05:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvM2FmXC8xOTAxMTEtMDYtbS5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==Representatives Shaw and Becerra, both members of the Ways and Means Committee, spoke about the alternative minimum tax and long-term tax policy. The previous day the House passed (by a vote of 414 to 4) H.R. 4096, the Stealth Tax Relief Act of 2005. This extends for one year the higher Alternative Minimum Tax (AMT) exemption amounts enacted in 2003 and adjusts these amounts for inflation to protect their value. The extension would prevent the taxes of many middle-income families from being raised. The representatives responded to questions and comments from viewers.
Representatives Shaw and Becerra, both members of the Ways and Means Committee, spoke about the alternative minimum tax and long-term tax po…
read more
Representatives Shaw and Becerra, both members of the Ways and Means Committee, spoke about the alternative minimum tax and long-term tax policy. The previous day the House passed (by a vote of 414 to 4) H.R. 4096, the Stealth Tax Relief Act of 2005. This extends for one year the higher Alternative Minimum Tax (AMT) exemption amounts enacted in 2003 and adjusts these amounts for inflation to protect their value. The extension would prevent the taxes of many middle-income families from being raised. The representatives responded to questions and comments from viewers. close
Representatives Shaw and Becerra, both members of the Ways and Means Committee, spoke about the alternative minimum tax and long-term tax po… read more
Representatives Shaw and Becerra, both members of the Ways and Means Committee, spoke about the alternative minimum tax and long-term tax policy. The previous day the House passed (by a vote of 414 to 4) H.R. 4096, the Stealth Tax Relief Act of 2005. This extends for one year the higher Alternative Minimum Tax (AMT) exemption amounts enacted in 2003 and adjusts these amounts for inflation to protect their value. The extension would prevent the taxes of many middle-income families from being raised. The representatives responded to questions and comments from viewers. close
Related Video
-
Budget Issues
President Bush announced that he had reached a compromise over tax cut proposals and that the federal budget would inclu…
-
Tax Policy
On the filing date for federal income taxes, President bush urged Americans to press Congress to pass his $1.6 billion t…
-
Senator McConnell on the Economy
Senator McConnell spoke about the economy and financial legislation.
-
Tax Cut Debate
House members debated the merits of extending or ending tax cuts made during the George W. Bush administration for middl…