November 09,2007
House AMT Patch Might Fail in Senate, Real Story on Who Blocked Permanent Tax Relief
Today the House of Representatives passed the Temporary Tax Relief Act of 2007 (H.R. 3996), a bill to offer an Alternative Minimum Tax “patch” and extend certain expiring tax provisions. Separately, yesterday the non-partisan Joint Committee on Taxation released an analysis of the Tax Reduction and Reform Act of 2007 (H.R. 3970), the broader tax bill from the Ways and Means chairman.
Sen. Chuck Grassley, ranking member of the Committee on Finance, made comments on these developments, available in the Printer-Friendly Version of the release.
###
Next Article Previous Article
Recent News
- Wyden Praises Trade Court Decision Striking Down Trump’s Illegal Global Tariffs
- Wyden Statement on House Passage of Reconciliation Legislation
- Wyden Warns Republicans that Overruling Parliamentarian to Nix California Clean Air Waiver Will Backfire
- Wyden Statement on IRS Nominee Billy Long's Involvement in Tax Scams
- Wyden Opposes HHS Nominees O'Neill and Andres to be Deputy Secretary and Congressional Liaison