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Editorial
IRS and the AMT
The Internal Revenue Service said more than 3 million people will have to wait until February to get their tax refunds because of Congress' late fix to the alternative minimum tax ("Don't blame us," Inside Politics, Nation, Monday). Well, theIRS requires that taxpayers who can't pay their required taxes by the end of the year begin paying estimated taxes on a quarterly basis.
In turn, because the IRS can't seem to pay us taxpayers our required tax refunds on time, why shouldn't the IRS be required to begin paying us estimated tax refunds on a quarterly basis?
I wouldn't recommend any budgeting with this in mind.
ARMOND SIMMONS
Pell City, Ala.
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