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Hi Fools,

If I decide to derive all my income from being a full-time investor, with a dividend yielding portfolio, would my maximum tax rate be the 15% for dividends, or would the 26%- 35% Alternate Minimum Tax rate come into play?

I live in California, if that helps to add to the complications for this scenario. Also, I think I read that you might have to pay state taxes on top of Alt Minimum Tax rate? Wikipedia was a little unclear on the concept.

Thanks for any info!
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