House Republican tax chief says lawmakers want AMT repeal

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The chief Republican tax writer in the U.S. House of Representatives said on Tuesday that House Republicans want tax legislation to eliminate the corporate and individual alternative minimum taxes.

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“House members ... feel strongly that the House position should be to repeal permanently both the individual and the corporate,” U.S. Representative Kevin Brady told reporters.

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He spoke after meeting with Republican lawmakers to discuss upcoming negotiations with the Senate aimed at reconciling the two chambers’ tax bills into a unified piece of legislation that Republican President Donald Trump can sign into law.

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