The editorial, "Should A-M-T Be G-O-N-E? (Accounting Today, Aug. 22-Sept. 4, 2005, page 6) was superb. Not only must the alternative minimum tax go, but it should be accompanied out the door by the Internal Revenue Code, as well, and be replaced by a combined federal and state national sales tax.Consider the advantages:
1. Nobody escapes the tax.
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