The Soapbox

RML Hoos

Joined: 11/04/2004 Posts: 1833
Likes: 2054


If you simplify the tax code sufficiently, why do you need an AMT?


Isn't that the basic idea here - remove deductions, etc and make it simple. You are taxed at your rate - why do you need AMT?

Now, does this simplify enough that AMT isn't necessary, not sure, but isn't that kinda the point of what they at least claim to be trying to do?

(In response to this post by WahooMatt05)

Posted: 11/02/2017 at 2:46PM



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Current Thread:
 
  
The AMT goes away, too? WTF? -- WahooMatt05 11/02/2017 2:39PM
  This is actually a decent bill, im shocked -- TomKazanski 11/02/2017 3:12PM
  The proposal seems to flatten rates a bit. -- hoolstoptheheels 11/02/2017 6:19PM
  Politico has an article on it. -- THECZAR 11/02/2017 7:30PM
  Can you cite the source of that talking point? ** -- Hokie5150 11/02/2017 4:47PM
  Yes ** -- 111Balz 11/02/2017 4:55PM
  Would you please do so, kind Sir? ** -- Hokie5150 11/02/2017 5:05PM
  ROTFLMAO... ** -- Hokie5150 11/03/2017 09:49AM
  Based on the sabre experts sounds more like -- walkthecorner 11/02/2017 3:43PM
  WaPo says 80% of Americans should benefit ** -- Hoo23 11/03/2017 02:01AM
  Blue state actually ** -- SokurHoo83 11/02/2017 5:11PM
  I tend to look past the "fear mongering" posters on -- walkthecorner 11/02/2017 4:15PM
  So this plan is really no different than any other. -- walkthecorner 11/02/2017 4:25PM
  Gawd I hate politicians so MUCH. ** -- walkthecorner 11/02/2017 4:31PM
  To some extent but I still think the big donors -- walkthecorner 11/02/2017 4:48PM
  Ok - take away one of the so-called greatest upsets -- walkthecorner 11/02/2017 5:00PM
  Then I stand corrected. ** -- walkthecorner 11/02/2017 5:17PM
  So like I said to other posters, we then seem -- walkthecorner 11/02/2017 5:27PM
  Very true words. ** -- walkthecorner 11/02/2017 5:32PM
  For people in the 50K-250K in will translate to more -- TomKazanski 11/02/2017 3:57PM
  Exactly. -- HoosGuy 11/03/2017 02:18AM
  Well at least someone “wins.” ** -- walkthecorner 11/02/2017 3:51PM
  Wow. For once I agree with everything you said. ** -- 81_Hokie 11/02/2017 6:08PM
  Yeah, thanks Boca -- HoosGuy 11/02/2017 3:22PM
  Boca, you're wrong on this. Look at my post on the topic. -- Warrior Wahoo Wolverine 11/02/2017 4:18PM
  Family of 4, 150K in income, its not a push ** -- TomKazanski 11/02/2017 5:49PM
  You sure about that? -- BocaHoo91 11/02/2017 7:19PM
  Looks like we have a Trump fan folks. ** -- Hokieesith 11/02/2017 2:55PM
  True. ** -- Hokieesith 11/02/2017 2:54PM
  Forgive me for not trusting them off the bat -- WahooMatt05 11/02/2017 2:49PM

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