What is the alternative minimum tax and how does it affect your taxes? See what the AMT is and which taxpayers it affects and some ways the AMT kicks in. http://freefrombroke.com/what-is-the-alternative-minimum-tax-amt-and-how-does-it-impact-your-taxes/
MITT ROMNEY ON TAXES: Make permanent, across-the-board 20 percent cut in marginal rates Maintain current tax rates on interest, dividends, and capital gains Eliminate taxes for taxpayers with AGI below $200,000 on interest, dividends, and capital gains Eliminate the Death Tax Repeal the Alternative Minimum Tax (AMT). OF COURSE, AS USUAL, OBAMA IS DISTORTING THE TRUTH. HERE ARE THE FACTS!
Alternative Minimum Tax (for 2012 taxes) The Alternative Minimum Tax, also known as the AMT, was created to help ensure taxpayers receiving large tax benefits pay some tax. #taxtips #taxact http://www.taxact.com/?sc=1209494230059