Senate passes huge tax break package

September 23, 2008 4:48:02 PM PDT
The Senate has passed a huge tax break package.

The vote Tuesday was 93-2.

The one-year reprieve for people exposed to the AMT was part of a giant tax package that also provides tax breaks for those investing in and using renewable energy resources.

It renews dozens of short-term tax breaks that businesses and families have come to rely on. They include the research and development tax credit and relief for those with college tuition costs.


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