How will the freeze on raising the Alternative Minimum Tax affect the middle class?

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How will the freeze on raising the Alternative Minimum Tax affect the middle class?

Isn't this freeze on the increase, going to raise taxes for the middle class?

I mean, the increase is on how much you have to make before they slam you with the AMT, right?

http://news.yahoo.com/s/ap/20071227/ap_on_bi_ge/tax_hit

2007-12-27 06:53:51 · 2 answers · asked by Darth Vader 6 in Politics & Government ➔ Politics

2 answers

Probably pretty hard since economic conditions have allowed inflation to run wild a bit. Many Americans will qualify for the AMT, but few will be able to afford it.

2007-12-27 07:01:58 · answer #1 · answered by Anonymous · 0⤊ 0⤋

Bottom line, the government needs to stop bleeding the country dry with all these ridiculous taxes.
I Cr 13;8a

2007-12-27 21:40:37 · answer #2 · answered by ? 7 · 1⤊ 0⤋