Podcast

What The T@X! Episode 5: History of the Alternative Minimum Tax

The year was 1969 – the country was in the middle of the Vietnam War, Richard Nixon was president, and the song of the year was “Sugar Sugar” by The Archies. With political and social angst on the rise, Congress found itself inundated with letters from constituents demanding change – not so much about the Vietnam War but more about the 155 individuals with income over $200,000 who paid no federal tax in 1966.

Learn more about the history of the AMT in this weeks episode of What The T@X!


Photo Copyright: <a href='https://www.123rf.com/profile_designer491'>designer491 / 123RF Stock Photo</a>

0 comments on “What The T@X! Episode 5: History of the Alternative Minimum Tax

Leave a Reply

Welcome to The Daily CPA! Enter your email to subscribe to our monthly newsletter.

Thank you - you have successfully subscribed to the newsletter.

There was an error while trying to send your request. Please try again.

The Daily CPA will use the information you provide on this form to be in touch with you and to provide updates and marketing.
%d bloggers like this: