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Factbox: Tax reform options floated in Senate - draft

Started by riky, March 22, 2013, 08:00:18 AM

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riky

Factbox: Tax reform options floated in Senate - draft

(Reuters) - A list of tentative tax reform options, most of them modest administrative steps, was circulating on Thursday in the U.S. Senate among members of the finance committee and lobbyists. In a nine-page document obtained by Reuters, some of the specific options included the following: - Repeal the individual and corporate alternative minimum tax, a levy meant to ensure the payment of at least some tax, but which often requires duplicate tax calculations. This was one of few options on the list that would represent a major change in U.S. tax policy. ...

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