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#3
04-18-2005, 03:15 PM
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 Re: AMT (was Estate tax) "Stuart A. Bronstein" <stu[at]lexregia.com> wrote: - quote - > > On another score however, is the AMT which is contributing
generous exemption, few deductions and preferences. Hey, get rid of the> > to the fleecing of middle America. It's amazing the > > progressing number of people it's catching and will catch in > > the next five years. But doing something about it? > > Eliminating it even? Not a chance when that drastic step > > would mean a shortfall of over a trillion dollars revenue. > > That's hard to imagine. > And the best thing is that they can leave it in place, each > year trapping more and more people who have less and less > buying power, all the while claiming that they are not > increasing any taxes. > I saw an interesting take on this on another discussion board. Isn't AMT a cousin to that flat tax that so many people are clamoring for? Two rates, a rest of the AMT deductions and the capital gains break, index it, and we're home! -- Phil Marti Clarksburg, MD << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#2
04-17-2005, 05:07 AM
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| Re: Estate tax Harlan Lunsford <hlunsford[at]bellsouth.net> wrote: - quote - > On another score however, is the AMT which is contributing
And the best thing is that they can leave it in place, each> to the fleecing of middle America. It's amazing the > progressing number of people it's catching and will catch in > the next five years. But doing something about it? > Eliminating it even? Not a chance when that drastic step > would mean a shortfall of over a trillion dollars revenue. > That's hard to imagine. year trapping more and more people who have less and less buying power, all the while claiming that they are not increasing any taxes. Stu << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#1
04-16-2005, 03:34 PM
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| Re: Estate tax Phil Marti wrote: - quote - > "Harlan Lunsford" <hlunsford[at]bellsouth.net> wrote:
Phil, I'll see your quarter and raise you a dime.> > Today the House (of representatives, iow OUR congresscritters) > > voted to eliminate the estate tax. > My quarter says it won't make it out of the Senate. > Moderator: Phil, my quarter says it will. On another score however, is the AMT which is contributing to the fleecing of middle America. It's amazing the progressing number of people it's catching and will catch in the next five years. But doing something about it? Eliminating it even? Not a chance when that drastic step would mean a shortfall of over a trillion dollars revenue. That's hard to imagine. ChEAr$$$$$, Harlan Lunsford << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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04-15-2005, 10:27 PM
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| Re: Estate tax "Harlan Lunsford" <hlunsford[at]bellsouth.net> wrote: - quote - > Today the House (of representatives, iow OUR congresscritters)
My quarter says it won't make it out of the Senate.> voted to eliminate the estate tax. -- Phil Marti Clarksburg, MD Moderator: Phil, my quarter says it will. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
04-14-2005, 03:53 PM
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| Estate tax Late breaking bulletin! Today the House (of representatives, iow OUR congresscritters) voted to eliminate the estate tax. Interesting.... to say the least. ChEAr$$$$, Harlan Lunsford, EA n LA] 13 Apr 2005 ONLY two days more! << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| estate, tax |
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