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March 2004, Week 4

HP3000-L@RAVEN.UTC.EDU
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Subject:
Re: OT: Tax cuts, how they really work...
From:
Jay Maynard <[log in to unmask]>
Reply To:
Jay Maynard <[log in to unmask]>
Date:
Thu, 25 Mar 2004 07:54:43 -0600
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On Thu, Mar 25, 2004 at 07:50:19AM -0500, Jerome Finn wrote:
> Not only that, but other changes are meant to expand the number that pay
> the minimum 10%. Essentially this is a tax increase on the poorest
> Americans.

Nope. The poorest Americans don't pay the alternative minimum tax any more
than they pay other income taxes. Is does amount to a tax increase on
upper-middle-class Americans.

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