AMT

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Last quote about AMT

Benjy Sarlin - NBC News
In addition to a lower top rate on income tax, the proposal ends the Alternative Minimum Tax, which is designed to prevent wealthy filers from using deductions to wipe out their tax bill entirely. Trump has not released his taxes, but a leaked return from 2005 showed he paid $38 million in taxes on $150 million in income, $31 million of which was due to the AMT.feedback
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Sep 28 2017
The latest person who has talked about AMT is Dave Du Val: “The AMT does often come as a surprise to many taxpayers who end up being subject to it. Because AMT is a tax system that runs in parallel with the regular tax system, there is no way to determine if a taxpayer is going to be hit with AMT just by looking at their documents [like] W-2s and 1099s.”. You’ll find on this page all the other quotes of Dave Du Val and all the other people that have spoken about AMT. You can select these people and their quotes by date, by name, and you can easily have access to the articles from which they originated.
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Scott M. Aber

AMT raises a lot of money for the Treasury, so if it is eliminated, it will either raise the deficit or they will have to raise taxes elsewhere.feedback

Scott M. Aber

They could just do a [tax] surcharge based on adjusted gross income limits to target it better and eliminate AMT.feedback

Dave Du Val

With the exception of increasing withholding to cover the taxes, there is little a taxpayer can do to prepare for the AMT.feedback

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