Posted: Apr 25, 2005 By: Robert Emerson

Subject: Repeal the AMT

Comment: Monday, April 11, 2005

I have a comment for the Tax Reform Panel, I strongly recommend that the Alternative Minimum Tax (AMT) be repealed. The tax was created for millionaires escaping taxation, not middle income Americans who not only pay their income taxes, but also pay Property taxes, State Income taxes, Sales taxes and so on. I really don’t care what it will cost the treasury, legislators who refuse to fix it will not be re-elected once the issue reaches critical mass, the political party in power will be tossed out for one that will fix the problem. This is a matter of fairness, if you live in a high tax state you should not be penalized and have to pay more taxes than a person living in a state with lower taxes for the same income level. Repeal the AMT, and create something that excludes middle income earning Americans, but captures the millionaires escaping taxes every year.


Robert Emerson
18 Tall oaks Ct
Cumberland, RI
02864