• The Minimum Tax Is Like Jumbo Shrimp
  The alternative minimum tax-otherwise known as AMT-is one of many twisted features of our complex tax code. It may be the most insidious and counter-intuitive tax there is. AMT attempts to ensure that taxpayers who claim certain exclusions, deductions and credits pay a minimum amount of tax. The AMT was enacted in 1969 to catch high income taxpayers claiming large and obscure tax deductions. - See more at: http://www.mytaxfiler.com/blog/the-minimum-tax-is-like-jumbo-shrimp/#sthash.85YPi75i.dpuf
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