by Peter Panepento
Why is there so much attention getting paid to efforts to fix the federal Alternative Minimum Tax?
Check out these numbers from the TaxProf Blog.
The number of Pennsylvania taxpayers who got snared by the AMT in 2005 was 137,486.
If the law isn’t fixed in 2007, that number would balloon to 837,000.
That would amount to a lot of money out of the pockets of middle-income taxpayers in the Keystone State.
After more than six years working as a journalist in Erie, I'm now the web editor for the Chronicle of Philanthropy in Washington, D.C., and the publisher of GlobalErie.com. I still maintain close ties to Erie - a community that I care about deeply. I hope this Web site can help inspire a better future for Erie.
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