Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

KamaAina

(78,249 posts)
Wed Sep 19, 2012, 07:38 PM Sep 2012

Why isn't there an Alternative Minimum Tax for corporations?

This idea struck me as I responded to this thread:

http://www.democraticunderground.com/10021367797

but I forgot to post it until just now.

The AMT is in place to make sure that upper-income earners pay more than a pittance in tax, no matter how many deductions they pile up. Come to think of it, we need an AMT for capital gains (*cough*Rmoney*cough*), too.

6 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Why isn't there an Alternative Minimum Tax for corporations? (Original Post) KamaAina Sep 2012 OP
Actually, there is one. dawg Sep 2012 #1
Bush 41, Bush 43, or Reagan? KamaAina Sep 2012 #2
I misspoke in my original post. dawg Sep 2012 #3
So what about large ones? KamaAina Sep 2012 #5
Especially since ... GeorgeGist Sep 2012 #4
Hell, why isn't there a REAL tax for corporations? Shitty Mitty Sep 2012 #6

dawg

(10,607 posts)
3. I misspoke in my original post.
Wed Sep 19, 2012, 07:50 PM
Sep 2012

Small corporations, like the ones I usually work with, are exempt.

Shitty Mitty

(138 posts)
6. Hell, why isn't there a REAL tax for corporations?
Wed Sep 19, 2012, 10:32 PM
Sep 2012

If your CEO's made 100 billion, the corp should be paying 95% at the very least.

Latest Discussions»General Discussion»Why isn't there an Altern...