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Hi, I’m Tom Choisent, enrolled agent; I’ve got a couple of ideas of how to understand
better alternative minimum tax. I have seen many of them over the years and basically
what is does is simply create a flat tax environment for those people who are savvy enough or have
evolved enough so that maybe they are paying a little less tax than the government thinks
you should. So while it is not the panic button that the politicals like us to think it is,
it is an effort toward the flat tax, it levels everything out a twenty-eight percent, that
is the effect of it. So don’t let it bother you it is just part of what people say that
they want, so take that into consideration. They have adjusted the limits so that they
are reasonable as to the people who are involved. Thank you for watching, I have got some other
clips, take a look at them, I am sure that they will help make your tax experience a
little bit easier. Thank you.