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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Brumar89 who wrote (606970)	4/7/2011 1:43:01 PM
From: J_F_Shepard	Read Replies (1) \| Respond to of 1578250

"Another important reason for the recent expansion of the AMT is the effect of the 2001–2006 Bush tax cuts.[53] The tax cuts decreased marginal tax rates for all income tax brackets without making corresponding changes to AMT rates. The lower tax liabilities triggered AMT eligibility for many households, eliminating the incentive effect of the tax cuts and subjecting more households to the tax. Economists often refer to this as the “take-back effect” of the Bush tax cuts.[19]" en.wikipedia.org