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[quote=Anonymous][quote=Anonymous]The way to not pay the AMT is to vote Republican so we can have some semblance of a reasonable tax code where people can keep more of their money to spend the way they want to spend their money rather than how Schumer and Pelosi want to spend your money![/quote]

Ha, ha, another dumb voter who didn't do their homework.  I'm a tax professional.  Trump's tax plan will keep taxes roughly the same for normal Americans.  He plans to get rid of AMT, but is also dropping the state tax and property tax deductions.  I ran the calcs for me and a friend who make $300K and $100K respectively, and total tax paid is about equal under current vs. Trump's plan.

He's making 3 tax brackets of 12%, 25%, and 33%.  The only people who really benefit are those in the 35% and 39.6% tax bracket now (plus 3.8% tax on investment income), because their rates are dropping to 33%.  That's a huge decrease for them.
So, the only beneficiaries of the Republican tax plan are millionaires/billionaires.  Do the math.[/quote]

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