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House OKs Bill Curbing Alternative Minimum Tax

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House OKs Bill Curbing Alternative Minimum Tax

Politics

House OKs Bill Curbing Alternative Minimum Tax

House OKs Bill Curbing Alternative Minimum Tax

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  • <iframe src="https://www.npr.org/player/embed/16162018/16162410" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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The House of Representatives has passed a bill intended to keep millions of middle-class taxpayers from having to pay the Alternative Minimum Tax. That tax is intended for the very wealthy.

The bill pays for the change by raising tax rates on private-equity and hedge-fund managers.