(THREAD) Epic screw-up in the tax bill the Senate just passed. They lowered the corporate rate to 20%, but accidentally put in an alternative minimum tax (AMT) of 20%. That's right. The same rate. (Maybe rushing it through wasn't the best idea). Here are some implications:
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Thanks, that was very helpful.
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Yes, essentially, it disregards some deductions if your initial tax calculation results in a tax rate that is too low.
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You're goodly educated, thanx four sharing

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