The tax bill should also include permanent indexation of the Alternative Minimum Tax retroactive to January 1, 2012.
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The government is also promising indexation of tax thresholds and speedy cuts in social charges to make labour cheaper.
ECONOMIST: So much to do
Making indexation permanent would remove the annual threat of such a tax increase and expunge from the budget this fictional source of future revenues.
Since the fix to the AMT was an annual event, the permanent indexation will lead to a more accurate picture of future tax revenues.
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