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Middle Class May Get Some Tax Relief

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    Middle Class May Get Some Tax Relief

    Millions of middle-income families would be able to avoid paying the alternative minimum tax through next year under a bill passed by the House Wednesday.

    The House voted 333-89 for the Republican-backed proposal that will extend through 2005 measures aimed at ensuring middle income families can take advantage of President Bush's tax cuts without instead having to pay the AMT -- a levy that was originally intended for the rich...
    [read more at money.cnn.com]
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