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The Alternative Minimum Tax (AMT) could be modified or repealed

By Hicbd
Thu Nov 8 2012 8:10 pm

The AMT could replaced with a less complicated add-on tax of four percent of adjusted gross income above $100,000 for singles and $200,000 for couples or be repealed entirely.

URL:
http://www.taxpolicycenter.org/briefing-book/improve/incremental-reform/simplify.cfm
http://en.wikipedia.org/wiki/Alternative_Minimum_Tax#Opinions_about_AMT

URL Credit

Categories:
U.S. Taxes

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