1. In response, some policymakers support relieving carriers from the alternative minimum tax on corporations. 2. Alternative minimum tax is a separate plan that ensures companies pay federal taxes when they make a profit, despite aggressive tax-minimizing strategies. 3. And Bush said such a tax holiday should not detract from other tax-cutting goals, including an elimination of the corporate alternative minimum tax. 4. And it would keep certain other tax credits for families, including the child and dependent care credits, from being reduced by the alternative minimum tax. 5. And he cautioned those deferring income this year not to overdo it lest they be caught by the alternative minimum tax. 6. And there is the alternative minimum tax. 7. And the JTC also produced some shocking estimates about the alternative minimum tax. 8. And they are keeping up their criticism of the alternative minimum tax and of the federal estate tax. 9. And they favor steps to restrict the impact of the alternative minimum tax on people who claim the new child and education credits. 10. Another oddity relates to how the bill would increase the amount of income exempt from the alternative minimum tax. |