America's independent, non-partisan advocate for overburdened taxpayers.

 

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Executive Vice President 

Dan Barrett
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Jihun Han
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Samantha Jordan
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Curtis Kalin
Communications Intern 

Ross Kaminsky
Blog Contributor 

David Keating
Blog Contributor 

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Communications Manager 

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Government Affairs Intern 

Michael Liguori
Government Affairs Intern 

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Joe Michalowski
Government Affairs Intern 

Diana Oprinescu
Communications Intern 

Austin Peters
Communications Intern 

Kristina Rasmussen
Blog Contributor 

The Late Edition: November 14, 2012



November 14, 2012

Today’s Taxpayer News!

After a meeting Tuesday with labor groups and others set on raising taxes, the President has come out asking for $1.6 trillion in tax increases, double the amount discussed last summer.

Unless Congress acts to extend the “patch” that protects taxpayers from having to pay the Alternative Minimum Tax by indexing income thresholds to inflation, approximately 33 million Americans will be subject to the AMT for 2012. This is significantly up from just 4 million last year.

NTU recently joined forces with 88 other organizations dedicated to protecting taxpayers, and opposed extension of the Wind Production Credit, a $5 billion special tax break for an industry which barely generates 2% of the nation’s energy.


 

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