Ways & Means Chief Rangel to Introduce Tax Bill Later this Week
Today, the Ways & Means Committee issued a press release announcing that later this week its Chairman, Charles B. Rangel, will introduce his long-awaited tax relief and simplification package. According to the press release, the legislation will include a permanent repeal of the individual alternative minimum tax and will "be the most comprehensive overhaul of the U.S. tax code introduced since the 1986 Act." We will update you when the proposed legislation is released.
