bamthedoc
King Endymion
- Joined
- Oct 2, 2002
- Messages
- 4,292
- Reaction score
- 1
- Location
- North Carolina, USA
- Website
- www.fanfiction.net
The AMT was, is, and always will be an unfair bill that was passed to punish business owners for trying to make a living. It will dip into the middle-class -- which includes my family and myself -- unless some one finds a way to get rid of it. Unfortunately, it is next to impossible to abolish such a bill unless you are willing to spend a ton of money.
I see no real solution to it, and it would be next to futile. The only way to get rid of such a bill is to simply abolish our curret incremental tax into a flat tax. That would be a cheaper solution, and it would get rid of thousands upon thousands of loopholes in the tax laws as everyone, and I do mean everyone, making more than a certain amount (estimated at 30k per year) will pay 17% taxes. It's fair, it's impartial, and it will take care of a ton of problems.
That's all I have to say on AMT.
I see no real solution to it, and it would be next to futile. The only way to get rid of such a bill is to simply abolish our curret incremental tax into a flat tax. That would be a cheaper solution, and it would get rid of thousands upon thousands of loopholes in the tax laws as everyone, and I do mean everyone, making more than a certain amount (estimated at 30k per year) will pay 17% taxes. It's fair, it's impartial, and it will take care of a ton of problems.
That's all I have to say on AMT.