STATE INCOME TAXES
including 1) the Alternative Minimum Tax 2) Social Security 3) Tax Withholding and now… Thus, all things being equal, if 2 state tax rates are the same, For example, in Illinois, the tax rate is a flat 3% applied to your
The Democrats do Have a Plan
Bush’s push to lower tax rates on investment income, say they can find other ways to 11 commission, increase the minimum wage to $7.25 per hour, an expired tax deduction for college tuition costs; encourage alternative energy
Sherrod Brown on Taxes - 2003 Bush Tax Cuts
Y., motion to instruct conferees to insist that the conference report include the Senate-passed provision relating to the Alternative Minimum Tax extension, eliminate House-passed provisions extending the lower tax rate on dividends and
Media repeat GOP attacks on Pelosi as "extreme," "out of touch
Time remaining until 100 hours: Raise the minimum wage to $7.25 an hour, said tax rates for those individuals might revert to those of the Clinton era. "Rolling back some of the Bush tax cuts" was favored as a top priority by 38
The Alternative Minimum Tax
The AMT stands for the “Alternative Minimum Tax”. Note that this was a prodigious feat; in the past tax rates were much higher than they are today. picked a lower tax rate than the Federal “standard” rate, applied a (very) few
This Is How I’m Voting Issues Edition
Issue Two is the minimum wage increase law. In its immediate sense it Less law and more choice is always a better alternative than more law and less choice. areas will remaiin in effect for another year at your current tax rate.
What Republicans won’t tell you about the tax cuts
That is because the tax cuts lowered rates under the normal system, without altering the alternative minimum tax rates. By law, taxpayers must calculate their liability under both systems and pay whichever is higher.
Sherrod Brown on Taxes - 2001 Bush Tax Cuts
President Bush’s 2001 Tax Cuts Focused On Cutting Income Tax Rates For All Income Tax Payers. The bill would covert the five existing tax rate brackets, and raise the alternative minimum tax exemption for married couples filing
Sherrod Brown on Taxes - Other Tax Related Votes
Brown Voted FOR The Clinton Tax Hike, The Largest Tax Increase In US History. the bill’s tax provisions would not be affected by the alternative minimum tax. tax rate from 35 percent to 36.25 percent; and to make other changes.
Sherrod Brown on Taxes - 1993 Clinton Tax Hike
Brown Voted FOR The Clinton Tax Hike, The Largest Tax Increase In US History. Daniel Patrick Moynihan (D-NY) described the 1993 Clinton/Kerry tax hike as alternative minimum tax; a lowering of the capital gains tax rate from 28

The Alternative Minimum Tax
The exemption phases out at a rate of 25 cents for each dollar of alternative minimum tax income (AMTI) above $150000 for joint filers, $112500 for single
Alternative Minimum Tax, IRS and Tax
The individual alternative minimum tax rate is 26% on all alternative minimum taxable income in excess of an exemption of up to $58000 on a joint tax return
Tax Topics - Topic 556 Alternative Minimum Tax
For capital gains, the capital gains rates for the regular tax are used. You may have to pay the alternative minimum tax if your taxable income for regular
The Tax Foundation - Backgrounder on the Individual Alternative
Reforming the Alternative Minimum Tax (AMT) is a key issue facing the Raised rate of minimum income tax to 15% and lowered exemption to $10000 or half
Key Points on the Alternative Minimum Tax
The individual alternative minimum tax (AMT) operates parallel to the regular income tax, with different rates and definitions of income and deductions.

Tax Topics - Topic 556 Alternative Minimum Tax
For capital gains, the capital gains rates for the regular tax are used. You may have to pay the alternative minimum tax if your taxable income for regular
The Tax Foundation - Backgrounder on the Individual Alternative
Reforming the Alternative Minimum Tax (AMT) is a key issue facing the Raised rate of minimum income tax to 15% and lowered exemption to $10000 or half
Key Points on the Alternative Minimum Tax
The individual alternative minimum tax (AMT) operates parallel to the regular income tax, with different rates and definitions of income and deductions.
H&R Block - Advice - Tax 101 - Alternative Minimum Tax
You may have no idea what the so-called alternative minimum tax (AMT) is, Because the regular tax rates were decreased, more taxpayers would have been
Fool.com: Alternative Minimum Tax Planning
Although the alternative minimum tax (AMT) was intended to apply to high-income You might have heard that the lower tax rates for capital gains will not
Alternative Minimum Tax - Wikipedia, the free encyclopedia
The Alternative Minimum Tax (AMT) system is part of the federal income tax In essence, the intention of the AMT is to set a minimum tax rate of about
Why middle America is getting hit with a tax for the rich - Nov
With the Alternative Minimum Tax, you'll fork over even more come tax time Even though the highest tax rate under the AMT -- 28 percent -- is lower than
The Alternative Minimum Tax and Effective Marginal Tax Rates
This paper examines the impact of the Alternative Minimum Tax on the weighted average marginal tax rates that apply to various components of taxable income.