Recent Blog Posts

Reader comment on:
Senate Faces Vote on Alternative Minimum Tax

Submitted by David Owen, Dec 5, 2007 07:17

The middle class like me will feel alot of pain. I make $102,000.00 and live in California. I pay my mortgage on time. I don't have any late payments. But living expensives and house payments in California are high. Most of my check goes to the house. Now you will take my writeoffs away. This AMT will cause more foreclosers for the middle class. The economy will hurt more. People in places like California will hurt the most. If I lived in my home town of Danville, VA where I grew up, $100,000.00 would go along way. I would be well off and I could handle the AMT. But here in California, its almost impossible. The American dream is fading away for the middle class.


Note: Comments are screened, and in some cases edited, before posting. We reserve the right to reject anything we find objectionable.

Other reader comments on this article

Comment By Date

The middle class like me will feel alot of pain. I make $102,000.00 and live in California. I pay my...

David Owen 

Dec 5, 2007 07:17

Comment on Senate Faces Vote on Alternative Minimum Tax

    Before submitting your comment, please provide a valid email address to complete the verification process.