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The next big front in the tax wars is likely to be the alternative minimum tax.
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What is the alternative minimum tax?
The biggest looming issue is the alternative minimum tax.
The most extreme is the Alternative Minimum Tax.
The most obvious offender, Mr. Rudman said, is the alternative minimum tax.
Then there is the alternative minimum tax, which was intended to prevent wealthy taxpayers from using deductions and tax shelters to shield much of their income.
The cause is the alternative minimum tax, which was inspired by a disclosure to Congress in 1969 that 155 wealthy Americans who earned at least $200,000 in 1966 paid no income tax.
Adding to these tax woes is the alternative minimum tax, a cancer placed in the code in 1986 to ensure that wealthy people and profitable corporations did not use deductions to evade taxes.
Many tax experts say that the area most in need of reform is the alternative minimum tax, which no longer applies to the people it was designed for, wealthy individuals who make aggressive use of tax shelters and deductions to live tax free.
That is the alternative minimum tax.
The monster under the bed is the alternative minimum tax.
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