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To: SeekAndFind
Wasn't the "alternative minimum tax" a "millionaire tax?"

And doesn't it now ensnare more non-millionaires than anybody else?

9 posted on 09/18/2011 9:41:53 AM PDT by E. Pluribus Unum (Palin is coming, and the Tea Party is coming with her.)
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To: E. Pluribus Unum
Wasn't the "alternative minimum tax" a "millionaire tax?" And doesn't it now ensnare more non-millionaires than anybody else?

Yes.

It came first in 1969 as the "Minimum Tax" for that reason. It became the AMT later and now hits the middle class.

15 posted on 09/18/2011 2:29:37 PM PDT by newzjunkey (Will racist demagogue Andre Carson be censured by the House?)
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To: E. Pluribus Unum

The tax this Bozo POS wants us to pay is anyone not a muslim
or a magic negro will have to comply to Bozo’s wishes.


17 posted on 09/18/2011 2:38:13 PM PDT by tiger63
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