The U.S. House of Representatives just passed a bill that should hold back the Alternative Minimum tax for next year, assuming that it passes the Senate largely intact and gets signed
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This calculator says that there was a 92.59% rate of inflation between January 1986 and January 2008, so my guess is the AMT should be inflation-adjusted to around $288885.
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This calculator says that there was a 92.59% rate of inflation between January 1986 and January 2008, so my guess is the AMT should be inflation-adjusted to around $288885.
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