teejayevans
Thinks s/he gets paid by the post
- Joined
- Sep 7, 2006
- Messages
- 1,692
Remember when they passed AMT, it was to prevent rich people from not paying their fair share of taxes?
Why’s no one mentioning the apparent failure of it to do that? Instead of tax overhaul, why not just modify the AMT to include whatever income it’s apparently not including? I expect the laws as passed by congress to be somewhat vague, so IRS could simply make some minor changes on its own and presto: the billionaires now owe taxes.
Why’s no one mentioning the apparent failure of it to do that? Instead of tax overhaul, why not just modify the AMT to include whatever income it’s apparently not including? I expect the laws as passed by congress to be somewhat vague, so IRS could simply make some minor changes on its own and presto: the billionaires now owe taxes.