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Posted by Stuart A. Bronstein on April 19, 2007, 4:30 am
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"rlsusenet@NOSPAMPUHLEEZschnapp.org" wrote:
>
> Actually, I heard an interesting editorial on (of all
> places) NPR over the weekend. The point was that we already
> have a pretty flat, simple federal tax. It's also the tax
> more and more people are loving to hate: It's called AMT!
That'ss my reaction when people talk about a flat tax.
> The suggestion is not to eliminate the AMT, it's to
> eliminate everything BUT the AMT, and then adjust the rates
> so that the same level of revenue is achieved.
To what extent does the AMT have an effect on business
taxes? I'd think that personal taxes are a small part of
the problem, and the complexity and politics of business
taxes is the larger problem.
Stu
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