Sentence examples for minimum tax that from inspiring English sources

If that executive were subject to the alternative minimum tax, that would create a tax liability of $23,400.

It's the hard questions, like puzzling through the alternative minimum tax, that eat up the most time and cause the most worry.

But it also removes the alternative minimum tax that had substantially boosted the tax bills of many upper middle-class families and businesses.

Among other policies, he has proposed a minimum tax that would discourage companies from moving overseas by requiring American companies to make up the difference between their foreign and U.S. rates.

Mr. Obama's "Buffett Rule" would set a minimum 30 percent rate on income above $1 million, replacing the current alternative minimum tax that increasingly hits upper-middle-class taxpayers.

Congress also surprised some economists by agreeing to extend unemployment benefits for more than 2 million people, and by making changes to the Alternative Minimum Tax that will avert higher tax bills for middle-income households.

Mr. Kaine, the state's former Democratic governor, called Mr. Romney's comments "condescending and divisive," but then went on to say he might support the idea of a minimum income tax that would ensure everyone pays at least some tax.

He also suggested retroactive tax changes to the individual alternative minimum tax (AMT) that could put cash in the hands of folks who operate their businesses as "pass-throughs," meaning that they report all business income and credits on their personal tax returns.

In fact, the biggest item, with a cost of $30 billion, will extend for one year: an increase in the alternative minimum tax exemption that has saved millions of middle-income folks, the majority of them in high-tax Democratic states, from having to pay a tax originally designed to snag millionaires.

In recent years, Reid championed an exemption for airports from alternative minimum tax changes that would have caused a significant spike in the debt-service costs for airports engaged in major expansion or capital projects.

As economist Dean Baker explains, roughly $100 billion is spending that doesn't kick in until several years down the road and another $80 billion went to pay for an alternative minimum tax patch that was going to be patched regardless, so it had zero stimulative effect.