[Nomorjer Kinov]

The AMT exists because of a jealousy of a hundred or so uber-wealthy who structured their finances in compliance with the law. Such planning resulted in a zero tax due on their incomes. If Congress again plays on jealousy (and what else is there in a punitive tax code) they will further compound their error.

The AMT should be removed and the drive toward a flat tax should proceed.

[kenth]

Isn’t there some kind of award for Most Repulsive Headline Destined To Keep Readers Away?

[dangus]

>> Under this tax “reform” charade, liberals plan to further heap the burden of taxation on the income quintile that already pays the majority of income taxes. <<

This line is a wonderful example of the gaping disconnect between Republican rhetoric and the middle-class experience. While the AMT is a dastardly thing, tying it to fix the “injustice” that the quintile that has the most income pays the most income tax is bound to infuriate 79% of voters who aren’t hard-core Republicans. The injustice is that the AMT overrides tax exemptions whose purpose it is to make sure that middle-class people weren’t falsely presumed to have great wealth.

[freekitty]

I am assuming this means them too.