[E. Pluribus Unum]

It applies to people making over $200K/yr (married $250K/yr) and taxed on sales amounts over $250K ($500K for married couple)

The ATM (Alternative Minimum Tax) was only supposed to apply to "the rich" when it was passed as well.

Once inflation hits, EVERYBODY who owns a house will be subjected to it.

[avacado]

The ATM (Alternative Minimum Tax) was only supposed to apply to "the rich" when it was passed as well. Once inflation hits, EVERYBODY who owns a house will be subjected to it.

Exactly!!! In tens years, everyone will be affected by this tax. It basically means the government automatically owns 4% of all homes in the USA. aka stealing.