November 07, 2011
Joseph Perry, Partner-in-Charge, Tax & Business Services, Quoted in CNBC.com Article "Repeal of AMT: Why Politicians are Avoiding it for 2012"
By Mark Koba
In the article, Mr. Perry said, "Doing away with the AMT would require replacing a lot of lost tax revenue by increasing regular taxes." Additionally, Mr. Perry said, "Asking certain Americans, probably more of the lower to middle income, to make up for the shortfall, would be political suicide."