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Financial Planning / Tax Strategies


Subject:  Panel: Abolish AMT Date:  7/21/2005  7:08 AM
Author:  TMFDj111 Number:  80091 of 131394

A Presidential panel recommended abolishing the Alternative Minimum Tax (AMT). The panel members are now working on proposals to replace the $1.2 trillion in revenue that AMT is forecast to generate over the next 10 years.

David Jacobs
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