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AMT and Survival (5.00 / 0) (#1)
by bselznick on Thu Nov 08, 2007 at 11:24:17 AM EST
Add to the variable rate reset the fact that the AMT tax is going to hit an incredible number of people, and people who are not making all that much, if the Senate does not get off it's ass and change its priorities.  

In one corner we have hedge fund managers wanting to pad their retirement accounts and take the kids to Europe next year, and in the other corner are families who are having a descent year, just managed to pay off their credit cards, but still can't afford health insurance.  Unfortunately the hard working family types didn't pony up over $10 million in the past year to pay for the type of tax code they deserve.  So Dems who is going to win this one?

Fox Guarding The Hen House (none / 0) (#5)
by RedHead on Thu Nov 08, 2007 at 05:41:08 PM EST
at the end of the 2nd qtr Chris Dodd (Chairman of the Banking Committee) took $350,000 in bribes from hedge funds to bottle up tax reform.  The others are taking bribes as well.

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