Send a Tweet
Most Popular Choices
Share on Facebook 3 Share on Twitter Printer Friendly Page More Sharing
General News   

The Tax Policy Center: Democrats, Make Permanent both the TCJA Alternative Minimum Tax (ATM) Relief and $10 SALT CAP

Quicklink Submitted By     (# of views)   1 comment
Author 39565
Follow Me on Twitter     Message Hugh Campbell
Become a Fan
  (3 fans)

The Tax Policy Center (TPC) was rated overall least biased in research and left-center biased, by Media Bias/Fact Check 11/2/17, prior to the enactment of the Tax Cut & Jobs Act (TCJA). In the linked blog-post TPC recommends that the TCJA’ AMT relief be kept as it is today and the current $10,000 SALT CAP burden be made permanent, Both are due to expire after 2025 with the other TCJA non-corporate tax changes.


(Image by Urban-Brookings Tax Policy Center (TPC))   Details   DMCA

In spite of the GOP House has voted more than 60 times to repeal or alter Obamacare, The Tax Policy Center now wants the Democratic majority to make permanent the $10k SALT CAP, an issue that was instrumental in the Dems flipping so many seats in 2018. Such a recommendation would be expected from right-center to far-right organizations.

The TCJA financed the AMT relief with the SALT CAP burden, primary on the backs of the middle-class.
Read the rest of the story HERE:

At www.taxpolicycenter.org

 

- Advertisement -

Rate It | View Ratings

Hugh Campbell Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

A seasoned financial professional, currently providing subject matter expertise on a variety of regulatory topics, including the Dodd-Frank Act, the Foreign Account Tax Compliance Act (FATCA) and overall compliance monitoring. He has previously held (more...)
 
Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
Name
Email
   (Opens new browser window)
 

Comments

The time limit for entering new comments on this quicklink has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

1 people are discussing this page, with 1 comments


Hugh Campbell

Become a Fan
Author 39565

(Member since Sep 20, 2009), 3 fans, 12 articles, 188 quicklinks, 244 comments
Facebook page url on login Profile not filled in Twitter page url on login Profile not filled in Linkedin page url on login Profile not filled in Instagram page url on login Profile not filled in


Add this Page to Facebook! Submit to Twitter Share on LinkedIn Submit to Reddit


  New Content

Making the unprecedently unfair State and Local Tax (SALT) deduction limitation permanent after 2025 is now in the cross-hair of even a left-center think tank! Most, if not all the House seats flipped by the Dems in 2018 are on the GOP 2020 hit list. Making the SALT CAP burden permanent would be an unfathomable.

Submitted on Saturday, Apr 27, 2019 at 11:13:13 AM

Author 0
Add New Comment
Share Comment
Reply To This   Recommend  (0+)
Help
 

 
Want to post your own comment on this Quicklink? Post Comment