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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
May 06, 2004
Page
4
The House voted 333 to 89 to slow the growth of the individual alternative minimum tax and keep exemption levels at 40 250 for individuals and 58 000 for couples. The action aims to shield middle income families from rising AMT and preserve marriage penalty relief and child credits.
Federal regulators sue a California based credit repair company the National Consumer Council charging deceptive practices that harmed thousands of debtors. The FTC says the group pretended to be nonprofit charged hidden fees and delayed creditor payments causing further debt and some bankruptcies. The suit also accuses violations of the do not call registry amid over a thousand consumer complaints.
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