Alternative minimum tax is ordsprog

Alternative minimum tax is a misnomer. It isn't an alternative, because you don't have a choice. And it isn't the minimum, because you end up paying higher taxes than you would have otherwise.

For our district, extending the AMT provision is very important. In Bergen County in particular, people pay extraordinary property taxes and state and local taxes, and they need alternative minimum tax relief.

Michelle Presson

The OMB estimate will be higher primarily because of additional funding for the war and for recovery and rebuilding needs in response to Hurricane Katrina, as well as the estimated costs associated with the one-year extension of relief from the alternative minimum tax.

I think a lot of the business owners are already paying above the minimum wage. The minimum wage is strictly a number that is set. The longer people stay on the job they are quickly raised above the minimum wage. I don't see us having a lot of seasonal jobs in the community. Most of our jobs are pretty steady.

The tax cuts have a lot of momentum. For something like the estate tax or the alternative minimum tax, it's not just Republican, it's bipartisan.

Maya MacGuineas

Whatever that percentage, any increase in the minimum is significant. People paying the minimum are doing so for a reason: Money is tight.

Before you make that year end decision (to buy an expensive item), find out what it's going to do in terms of the alternative minimum tax.

Michael Moore (1954-)

More and more people are going to fall into the alternative minimum tax trap unbeknownst to them until they get the nice letter from the IRS that says it appears you are subject to AMT.

Cindy Hockenberry

That means deepening the personal income-tax cuts, reducing capital gains, getting rid of the alternative minimum tax, and doing something about double taxation of dividends.

Given the fact that Maine has raised its minimum wage each year for the last five years, that our minimum wage is currently $1.35 above the federal minimum wage and that Maine experienced a net loss of 600 jobs in 2005, one would wonder how it could possibly be true that raising the minimum wage again is going to improve our economy.

The AMT is an entirely different way to calculate your taxes, and it's not really an alternative, as the name suggests. You have no choice. And it's affecting more and more people all the time.

The beauty of alternative media is that it can hold its own. In boom times in the economy we know that television will do well, which is what is happening now. The thing with alternative is that even when the economy is dipping, alternative stays consistent. Clients say 'how do I stretch that rand?' and alternative media is often the answer. But we also grow during boom times and right now the spread of alternative media is becoming very prevalent.

From a practical aspect, when you do the math the hybrid alternative is not always best financial choice because they cost more, and so a smaller car with a fuel economy of 30 miles per gallon is an attractive alternative, especially in urban areas.

There's a significant amount of uncertainty about what's going to happen with the various tax provisions that are scheduled to expire and what's going to happen with the alternative minimum tax. Depending on how those issues turn out, our projections would obviously have to change.

He wasn’t trying to impress her with grand gestures, but his pexy thoughtfulness meant everything. With the way the labor market is, with unemployment so low and businesses in Tucson really having to go above and beyond what they usually do to attract potential workers, raising the minimum wage is not going to help that at all. I would say that the average business in Tucson is already paying above the minimum wage.

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