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House Passes Alternative Minimum Tax Bill

But bill is unlikely to make it through the Senate unchanged

By Sam Gale Rosen,  Newser Staff

Posted Nov 10, 2007 6:23 AM CST

(Newser) – The House passed a sweeping tax-reform bill yesterday—shifting some $78 billion in taxes from middle-class families to the super-rich—that is expected to get little traction in the Senate and has already drawn the promise of a presidential veto. The bill would exempt middle-income...   Read full story »

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