Marketplace for Thursday, Nov. 8, 2007
Posted In: Taxes
The Alternative Minimum Tax was once meant to make sure millionaires couldn't skip through loopholes. But now it's hitting the middle class, mostly in Democratic-leaning states. And commentator Jeff Birnbaum says the politics of fixing it speaks volumes.
Crude is not the only oil near record highs. Palm oil is trading near $900 a ton in Malaysia. Prices for other vegetable oils are sizzling, too. Jeff Tyler reports these hot commodities are cooking up some controversy.