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Money and Finances
Reply to "How to save on AMT tax?"
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[quote=Anonymous]You have to generate your income without a w-2- investments, cap gains, etc. If you get a wage and a w-2, its just a simple formula for taxing. This is because you can not legally significantly reduce your taxable income. Now the big boys who make their money without a w-2 can do reduce their taxable income....there are a lot of ways to avoid taxes, but you have to have real money. These are the guys who donate money and have influence over lawmakers....so their taxes are always lower as a % of income vs a wage earner. PS no republicans or democrats are talking about reducing taxes from the people who earn a wage. [/quote]
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