Lugar Urges Action to Prevent Higher Taxes

U.S. Sen. Dick Lugar today urged Senate Democratic Leader Harry Reid to swiftly bring legislation to the Senate floor that would ensure that Hoosiers do not face higher tax bills. He specifically called for the Senate to take action to adjust the Alternative Minimum Tax (AMT) exemption levels and index them for inflation prior to the end of the year in order to prevent thousands of Hoosiers from paying significantly higher taxes in 2010.