Compared to conventionaltechnologies, this method has a goodapplicationeffect with convenient, flexible operation; USES a small amt. of catalyst; and is easilyoperated and managed.
Enacted by Congress in 1969, the AMT is parallel tax system that was originally designed to prevent a small number of wealthy taxpayers with significant deductions from gaming the system and paying no income tax.
Mr. McCain proposes to abolish the Alternative Minimum Tax (AMT), which was originally adopted as a mechanism to ensure that a small number of the richest Americans pay at least some tax.
Best for: Small business owners, real estate investors, individuals who may be subject to the alternative minimum tax (AMT) and people who have complex tax situations.