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Originally Posted by dalakhani
AMT is necessary and you know it is. Altered? perhaps...but you have to agree that it is necessary.
Any burden on a 250k family is too much? How can you say this unilaterally when not taking into account many other factors?
I think your racetrack analogy is off. Bitching about takeout and bad rides is bipartisan.
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I dont believe that AMT is necessary but if it is going to stay (mostly for political reasons because god forbid anyone be seen as helping the "rich") than it absolutely should be adjusted to modern income levels.
How can you say that $250k is the number at which it is ok to add burden? Especially considering the wide gap in CoL throughout the country? Surely a family living in manhattan versus a family living in Montana is an important factor?
My racetrack analogy isnt off, what is the difference? Raising takeout is akin to raising taxes because in theory the extra takeout is used to make improvements or added to purses to put on a better product. But as in govt, that rarely happens and in the end all it succeeds in is taking money that would add to handle (the economy) out of circulation which shrinks handle.