Tax Guru-Ker$tetter Letter
Tuesday, October 08, 2002
FrankenTax
Hopefully, we will hear more discussions like this on how the Alternative Minimum Tax (AMT) has grown out of control. It has evolved into a kind of blob monster, attacking & devouring everyone in its path, middle income people as well as the evil rich who were its original target. Try as they might, more & more people are drawn into its path just by normal inflation.
Another plug for the most active group battling the evil AMT: ReformAmt.
KMK