The alternative minimum tax was designed to prevent the very wealthiest Americans from overusing certain tax benefits to avoid most of their tax burden.
More Quotes from Richard Neal:
It is easy to talk about tax simplification, and we all know it is very difficult to accomplish; but for the last three Congresses, I have offered a tax simplification bill that would include a paid-for repeal of alternative minimum tax.Richard Neal
Over the years, dozens of American companies have filed papers to trade in their U.S. corporate citizenship for citizenship in tax haven countries like Bermuda.
Richard Neal
We see what happens to this money when it gets to the fourth and fifth generation of the same family thrift is gone, the work ethic is gone.
Richard Neal
Under the Bush plan, Social Security gets weaker, not stronger.
Richard Neal
You know what this argument is about, because the American people know what this argument is about, it is about money. That is all it is about, money.
Richard Neal
Well, when I was a kid, if my father was witnessing something that he thought was particularly outrageous or he was looking at some sort of a question that he thought lacked proper definition, he would say, Well, at least Jesse James had the honor to wear a mask.
Richard Neal
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Based on Topics: Business & Commerce Quotes, Tax QuotesBased on Keywords: overusing, wealthiest
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