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Reply to "How much money do you make continued....and do you pay the AMT?"
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[quote=Anonymous]What irks me about the AMT is that it hits people in states w/ high property taxes disproportionately, because it takes away that deduction. If we lived in say, Florida, we'd pay less in overall taxes because we wouldn't pay the state tax. If there was no AMT, we could deduct our state taxes. Like another PP, I'm not against paying my taxes in the abstract. I appreciate we all need to do our share, and obviously our share should be higher than most others. But it's still irksome that it's hitting people it was never supposed to hit, and hitting people disproportionately. [/quote]
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