The rationale for eliminating the alternative minimum TAX is that such a backup SYSTEM should not be NECESSARY if the tax code is fundamentally fair and eliminates all the loopholes that made it POSSIBLE for high-income taxpayers to ESCAPE taxation in the first place.

Author - James B. Stewart

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The rationale for eliminating the alternative minimum TAX is that such a backup SYSTEM should not be NECESSARY if the tax code is fundamentally fair and eliminates all the loopholes that made it POSSIBLE for high-income taxpayers to ESCAPE taxation in the first place.
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