Re: WTF is this AMT nonsense? (taxes)
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2005: 4 million people are covered by the AMT.
2006: 19 million people will file under the AMT!
NOT INDEXED FOR INFLATION !!!!
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First of all, it is not 2006 taxes yet, it is 2005 taxes.
Second of all, this great increase in more people being affected by AMT is due to the expiration of the increased exemption amount from the 2001 tax cut, and is not due to inflation.
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