The proposed arrangement with the state would buy CRRA time tocomeupwith a sustainable business model, CRRA Chairman Don Stein said during a conference call Monday with town officials who are members.
At a briefing Monday, Assistant Treasury Secretary for Tax Policy Pamela Olson said President George W. Bush has asked the Treasury to study the AMT problem and comeupwith a permanent fix to be proposed in next year's budget.
But unlike the company's proposed system, such potential solutions still leave it to pilots to process information and comeupwith appropriate commands.
House Majority Leader Dick Armey has proposed bills requiring the entire tax code to sunset every five years so lawmakers are motivated tocomeupwith a better system on a regular basis.