Quote:
Originally Posted by AndyC
One thing that you never hear discussed about the SALT deductions is that many taxpayers who have high SALT deductions are paying the Alt Min Tax and consequently don't get to write those deductions off in any event. Losing that deduction is not much of a loss. Not having to pay the Alt Min Tax will be to their benefit.
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Every tax bracket should have a Minimum Tax requirement. EVERY BRACKET.