Originally Posted by
sailingfun
Income taxes in this country are actually quite low if your income is not high. Just did my dads taxes and on 100,000 income he will pay 8200 in taxes. 8.2% effective rate. Married, joint, standard deduction.
Just did the math on mine... even though I hate it.
2017 Effective rate 22.8 AMT paid
2018 Effective rate 21.5 AGI 115K higher, Deductions 19K lower. No AMT
That AMT is what gets you.