A Tax Increase that President Bush Didn’t Mention
Edmund Andrews: CYNICS have long predicted that the Bush administration, plagued by budget deficits, will eventually start raising taxes. But now it is becoming clear how it would do so: the alternative minimum tax. Baffling in its complexity and often bizarre in its impact, the alternative minimum tax is a giant undeclared tax increase that … Continue reading A Tax Increase that President Bush Didn’t Mention
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