3 ms·
Are you familiar with the history of AMT? When it was enacted, it was meant to target an extremely small set of households, on the order of 1,000 iirc. But the
by ericd 6y ago
Are you familiar with the history of AMT? When it was enacted, it was meant to target an extremely small set of households, on the order of 1,000 iirc. But the thresholds weren’t indexed to inflation, and so now it triggers on a huge number of people every year. Maybe we are all temporarily embarrassed billionaires ;-).