December 18, 2007
Yet One More Reason To Be Annoyed With Congress
Buckle up, middle-class America: You really might get hit with the alternative minimum tax after all.
That's contrary to lawmakers' pledge to prevent the tax from sweeping up lower income brackets than originally intended. Leaders on both sides of the aisle agree that an AMT patch must be passed before the holiday break, but The Hill is reporting that House Majority Leader Steny Hoyer has signaled they may not be able to overcome their differences in time, after all.
