If you like taxes . . .

There is a really nasty thing out there called the AMT. This horrid piece of work was written in the 70s and has never been updated. It was to make sure that the 'rich' pay their fair of taxes.

One thing I am learning however . . . it is not the 'rich' paying it. If a couple makes a nice living and has some small investments . . . they are rich. Any combined income over 70k can subject you to this puniative tax. They are already in the 25% tax bracket but lets make them pay more.

So our couple makes 100K per year. Wham they are subject to the tax. Now this are not the 'rich' people as in the 1978. In 1978 100k would be equal to 338K. Someone who earns 338K will have lawyers, tax people, and more helping them to avoid paying taxes. Who gets shafted? The middle class.

So guess what happened . . . on March 13, 2008 the Senante tried to eliminate the AMT. Of course do the democrats care? OF course not the Hate Mongers all voted to keep the tax.

Please attach a Thermal labels to your envelope and write your congressperson.