Long Island Assn. Conference Issues Include Social Security and Alternative Minimum Tax

Summary


Rep. Steve Israel said he plans to present new legislation that would restructure the alternative minimum tax. The measure, enacted to ensure wealthy people pay some taxes, is affecting an increasing number of middle-income earners.

Speaking at the Long Island Association's conference What LI Should Expect from Washington, Israel and the rest of Long Island's delegation said they believe AMT needs to be reformed, but they were not confident that changes would be made.

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Long Island Assn. Conference Issues Include Social Security and Alternative Minimum Tax

Mitchell Pally, vice president for g...

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