75 Ways That The Government And The Financial Elite Will Be Sucking Even More Of The Life Blood Out Of The American People In 2011
#15 They keep talking about it, but so far Congress has not passed a "fix" for the Alternative Minimum Tax. If a fix is not passed, one out of every six U.S. taxpayers is going to be hit by the Alternative Minimum Tax. The taxpayers most likely to be affected are married couples, very large families, home owners and taxpayers in states that have high state and local taxes. The average tax increase that these taxpayers will be facing is going to be approximately $3,900 and most of them have no idea that it is coming. If nothing changes, 27.2 million American households will pay AMT in 2010.
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http://theeconomiccollapseblog.com/archives/75-ways-that-the-government-and-the-financial-elite-will-be-sucking-even-more-of-the-life-blood-out-of-the-american-people-in-2011
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