Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Reagan Man
But on a positive note, the AMT today primarily affects taxpayers in the nation's bigger metropolitan areas where inflated costs of living and inflated salaries push more people into the AMT brackets.

In other words, the AMT may be the most remarkable tax ever created -- since it applies disproportionately to regions that have historically been among the most liberal parts of the country.

11 posted on 06/01/2006 7:21:15 PM PDT by Alberta's Child (Can money pay for all the days I lived awake but half asleep?)
[ Post Reply | Private Reply | To 7 | View Replies ]


To: Alberta's Child

It applies to states which have high income tax rates. It is a killer in California.


15 posted on 06/01/2006 7:25:08 PM PDT by Torie
[ Post Reply | Private Reply | To 11 | View Replies ]

To: Alberta's Child

Blue states aren't entirely blue. The blue voters are the ones that will never be hit by the AMT. It is the red voters in blue states, struggling to hold on under high living costs without any government "assistance" that get hit hardest by the AMT.

We're already getting screwed by the state's own high tax rates to support the local welfare projects, and the AMT comes along and limits our deductions ?


45 posted on 06/02/2006 2:40:43 PM PDT by Kellis91789 (I don't make jokes. I just watch the government and report the facts. --Will Rogers)
[ Post Reply | Private Reply | To 11 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson