Kerry M. Kerstetter, CPA (referred to as The Tax Guru by other CPAs around the country) helps capitalists, investors & small business owners win the tax game. See www.TaxGuru.org for much more detailed info.
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Tax Guru-Ker$tetter Letter
Thursday, September 19, 2002
AMT's Gonna Get Ya'
Those jokers who we've elected to run our lives from their thrones in DC are sure sneaky. The big humongous tax cut phases in over ten years. However, according to a recent study, most people will not actually receive any real savings because they will become subject to the dreaded evil alternative minimum tax. Originally designed to punish evil rich fat cats, it has slowly been creeping up to ensnare more and more middle income people.
This tax attacks W-2 earners more than those who are self employed; but it has the potential to be costly for almost anyone. Once again, the only group I'm aware of waging a serious fight against this insane tax is ReformAMT.
KMK
- posted by Kerry M. Kerstetter, MBA~CPA~ATP~ATA @ 9/19/2002 09:10:00 PM Send this post:
