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| | The AMT Is Coming to Get You |
 | | The alternative minimum tax, or AMT, was created more than 30 years ago to ensure that the super rich paid their fair share of taxes. |
 | | The AMT was designed to ensure that everyone's "effective," or average, tax rate is comparable -- well, somewhat comparable. |
 | | Now, though, because the calculation hasn't been materially adjusted ever, the AMT is creeping downward, and instead of simply targeting America's extremely wealthy, it's also hitting those that are merely, er, very wealthy. |
| www.thestreet.com /funds/beverlygoodman/10105036.html (282 words) |
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