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The House passed the AMT bill...

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K Frame:
Thank God.

The Senate has passed it, and Bush backs it.

I very likely would have gotten hit with it this year.

matis:
I'm glad, too, that they passed this.

But what about next year?  The bill they passed applies only to 2007.

Think the Dems will renew this?

matis

Leatherneck:

--- Quote ---Thank God. And Amen. I was truly fearful of getting caught again this year like I was a few years back, being RICH and all...

Why the Hell can't they just eliminate the damned AMT?

TC

HankB:

--- Quote from: Leatherneck on December 20, 2007, 01:15:01 AM ---Why the Hell can't they just eliminate the damned AMT?It would be harder to fund things like Alaska's Bridge to Nowhere, the Rock & Roll Museum, driver's licenses for illegal aliens, and gay indoctrination for first graders.

The Rabbi:
Actually they eliminated the wrong tax.  They should have eliminated the standard tax code, retained the AMT, and lowered the marginal rates.

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