The Alternative Minimum Tax is No Longer as Effective as It was

Many Americans’ first time hearing of the Alternative Minimum Tax (AMT) may have been last March, when a partial tax return showed that it was chiefly responsible for the taxes Trump owed in 2005. Now, only 200,000 filers will be required to pay the tax, which is significantly fewer than the over 5 million who qualified before the Republican tax scam passed in December. So … Continue reading The Alternative Minimum Tax is No Longer as Effective as It was »