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To: Pessimist
Their basic gripe is that they are shocked to find out they can't take as many deductions as they thought they could.

I was put into the AMT last year when my sixth child was born.

It is wrong, wrong, wrong for your taxes to go UP because you have a child.

5 posted on 12/06/2005 8:40:43 AM PST by Jim Noble (Non, je ne regrette rien)
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To: Jim Noble

"It is wrong, wrong, wrong for your taxes to go UP because you have a child."

Well, that's one way to look at it.

Another way is this: Why should everyone else pay more to subsidize your additional child? Is that really the responsibility of someone with no children, or few children?


6 posted on 12/06/2005 8:50:59 AM PST by Pessimist
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To: Jim Noble

I must admit that I'm ignorant as to how the AMT works. What is it based on; number of children and income? If so, the MORE children you have, the more likely you are to be socked with the AMT?


27 posted on 12/07/2005 1:08:50 PM PST by Born Conservative (Chronic Positivity: http://www.livejournal.com/users/jsher/)
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