MITT ROMNEY ON TAXES: Make permanent, across-the-board 20 percent cut in marginal rates Maintain current tax rates on interest, dividends, and capital gains Eliminate taxes for taxpayers with AGI below $200,000 on interest, dividends, and capital gains Eliminate the Death Tax Repeal the Alternative Minimum Tax (AMT). OF COURSE, AS USUAL, OBAMA IS DISTORTING THE TRUTH. HERE ARE THE FACTS!
No it doesn't sound fair at all../ EVERYBODY, not just millionaires or billionaires, only pay Soc. Sec. on their income up to $110,000. don't beat up on those rich people. Let's change the law so that more income is included and able to be taxed. Our country is in a world of hurt. We're looking for more places to find some tax money. How about not giving tax breaks to corp. that send jobs overseas? Or taxing more of the available income?
What is the alternative minimum tax and how does it affect your taxes? See what the AMT is and which taxpayers it affects and some ways the AMT kicks in. http://freefrombroke.com/what-is-the-alternative-minimum-tax-amt-and-how-does-it-impact-your-taxes/