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[url=http://muvdigital.net/]bottes ugg pas cher[/url] An obscure tax intended to prevent wealthy individuals from dodging their income taxes will hit one-third of taxpayers after the decade, private researchers report.By 2010, many taxpayers who consider themselves average middle-class families will probably pay the tax. It will hit 97 percent of married people, with 2 children, who bring home $75,000 to $100,000.Researcher Leonard Burman, co-director from the nonpartisan Tax Policy Center, said Monday that repeal is the best way to prevent the tax from plaguing the center class."But it would cost a lot," he stated, estimating a nearly $1.5 trillion drain for the federal government through 2013 when the tax were repealed this year. The Tax Policy Center is really a joint venture of the Urban Institute as well as the Brookings Institution.The tax, referred to as the alternative minimum tax, started in 1970 after lawmakers found that a handful of high-income households had used tax shelters in order to avoid paying any income taxes.It now imposes a complicated accounting requirement on many taxpayers, forcing some to compute their taxes twice, once under standard procedures and again within the alternative minimum tax.The Internal Revenue Service's taxpayer advocate identified the tax as the most complex parts of the code and has urged repeal.As the problem gets bigger, it gets more attention."The great news is that as the reach with the alternative minimum tax expands to encompass a lot more taxpayers, the political benefits of seeking out a solution will expand as well," Burman said.Congress stopped the tax from encroaching on additional taxpayers inside the $350 billion economic package enacted in May.Although lawmakers have blunted its effect for years, the tax will continue to effect more middle class taxpayers because it is not indexed for inflation. That means it will strike increasingly more taxpayers as their incomes rise.The study said the tax will end up an increasing burden on the middle class because many deductions is not used when computing the contrary minimum tax. Families with children the ones living in high-tax states will be particularly hard hit since the minimum tax calculations do not let exemptions for children or deductions for state taxes.The contrary minimum tax will figure to a substantial surcharge, an average of $3,750, by 2010.The researchers also concluded the tax no longer serves its original purpose and does nothing to block individuals from using tax shelters.From the late 1960s, when lawmakers identified individual tax shelters, many high-income individuals converted their earned income, taxed at high rates, into capital gains, taxed at lower rates.As time passes, lawmakers changed the alternative minimum tax computations to exclude capital gains. Congress acted in May to lessen the top capital gains rate to 15 percent, and Burman said the reduction could create more tax shelters."I would not be at all surprised if tax sheltering increased inside the years to come, and the AMT wouldn't do anything about it," he said.



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