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 Post subject: THE MOTHER OF ALL TAX LOOPHOLES!
PostPosted: Wed Nov 14, 2007 11:32 pm 
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Joined: Sat May 29, 2004 11:46 pm
Posts: 14442
Location: NC
GOT THIS MESSAGE FROM MOVEON.ORG:

If the richest tycoons on Wall Street get their way, you'll face a significant tax hike this year so they can buy another tropical island. Sound fair?

Here's the deal: An obscure provision called the "alternative minimum tax" is going to end up raising taxes for tens of millions of middle-class households—maybe even yours—unless Congress acts quickly.

Democrats want to cancel this tax increase for the middle class—and pay for the shortfall by closing a massive new loophole that's allowing the richest investors on Wall Street to pay lower tax rates than you or I do.

I signed a petition urging Congress to close this tax loophole. Can you add your name to the petition at this link?

http://pol.moveon.org/loopholecalc/?r_b ... c&rc=paste

Thanks!

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