No. of Recommendations: 4
I don't mind paying taxes (it's a consequence of earning money) but what I hate about the AMT is that it makes it difficult to estimate your tax liability and have the proper amount withheld. 2007 was particularly bad since lawmakers changed the AMT exemption with only a few weeks left in the year.

I think it needs to be scrapped and, if needed, build the deduction phase outs into the standard tax system.

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