AMT Signs Small Business Letter Urging Comprehensive Tax Reform
AMT joined 40 organizations representing small businesses on a letter to Congressional leaders urging comprehensive tax reform that lowers rates for all businesses, including those organized as pass-through entities. Solely reforming the corporate tax code does not take into account the millions of businesses that are sole propietorships, limited partnerships and Subchapter S-corporations, such as many AMT members, that will see their taxes increase if current top marginal rates on individuals are allowed to expire.    (more)
Appeals Court Blocks NLRB Poster Rule
In a major victory for the Coalition for a Democratic Workplace (CDW), the U.S. Court of Appeals for the District of Columbia Circuit granted an injunction to delay the effective date of the National Labor Relations Board’s (NLRB) union poster rule. The poster rule was slated to be effective on April 30, but has been delayed indefinitely pending the appeals process and decision. AMT is a longstanding member of the CDW.  (more)
AMT Signs Industry/Association Letter Supporting Ex-Im Bank Reauthorization
AMT joined 325 U.S. companies and industry associations in a letter to Congress supporting a swift reauthorization of the U.S. Export-Import Bank (Ex-Im). Ex-Im’s charter expired on September 30, 2011.The Bank is currently operating under an extension that expires on May 31. Failure to act quickly on a long-term reauthorization threatens the many American jobs that depend directly or indirectly on its crucial export financing.  (more)
AMT Signs Association Letter Urging Bonus Depreciation Extension
AMT joined 115 associations in urging House and Senate conferees to add a temporary extension of 100% bonus depreciation to the payroll tax cut bill they are considering. Current law allows businesses to immediately expense 50% of the cost new equipment bought and placed in service in 2012, down from 100% in 2011. The associations urged the lawmakers to extend 100% expensing through 2012 to support business investment and job creation.  (more)