Posted: Jun 16, 2005 By: David Snyder CPA

Subject: AMT Tax

Comment: I believe the AMT tax should have a higher base, i.e. $150,000 and be indexed for inflation for the future. My suggested # is the original # plus the inflation since original enactment. AMT was never meant to affect so many families, such as most large children families,nor be the stealth tax it has become.
Thank You