GeTtin’ SALTy Episode 80 | The Real Cost of Eliminating Property Taxes

In this episode of the GeTtin’ SALTy podcast, host Nikki E. Dobay is joined by Jared Walczak, Senior Fellow at the Tax Foundation and founder of Walczak Policy Consulting, to take a look at the growing movement to reduce or eliminate real property taxes across the United States.

The conversation centers on Jared’s recently published paper, “Replacing the Irreplaceable,” released through the Lincoln Institute of Land Policy, which uses Ohio as a case study to quantify what it would cost … Read the rest

AMT: Does It Impose Additional Taxes Under Income Tax Bill, 2025?

AMT: Does It Impose Additional Taxes Under Income Tax Bill, 2025?

Background

The Alternate Minimum Tax (“AMT”) has its genesis in the Minimum Alternate Tax (“MAT”), which was introduced to ensure that taxes were paid by even those companies that intended to avoid payment of taxes by engaging in ingenuous tax planning methods despite having earned significant amount of book profits. These companies, called “zero-tax companies”, while reporting significant book profits, paid minimal or no income tax by leveraging various exemptions and deductions available under the Income … Read the rest