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Old 09-14-2010, 03:08 AM
  #10  
SeeDub
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Joined APC: Aug 2006
Position: Finally Facing Forward
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Originally Posted by md11av8or View Post
I don't see anything in the story about changes to the alternative min tax. Just because they change the rate does not mean reduced taxes. This is because they disallow or reduce your deductions, which means a higher overall tax bill. Yes, politics will come into the discussion, but the bottom line is the tax bill needs to be reduced period! You will probably get into the higher brackets sooner than later, because they are not indexed to inflation, or any cost of living index. Therefore while some may see a minimal impact, others will see a substantial impact.

As a 15 year fedex pilot I am in the middle of the seniority group, and am impacted by the alternative tax rate. This is just an us vs them tactic. Any one here NOT want to earn more money? Why then punish achievement?

I hope you are right about saving some from higher taxes, but it still looks like bait and tax to me.
No worry there since my yearly pay increases aren't indexed either.
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