How to Submit A Question to the AMT Advisor. AMT Preferences. In General. In calculating alternative minimum taxable income (AMTI), in addition to adding back or subtracting AMT adjustment items (Code Sec. 56), under Code Sec. 57, taxpayers must add back certain AMT preference items. The AMT preference items are: Depletion; Excess Intangible drilling costs; Interest on private activity bonds
The Dawes Act was designed as an attempt to assimilate American Indians into the culture at large. At the same time it gave the government power over Indian tribal lands, dividing them individually...
The Dawes Act was an unmitigated disaster for tribal units. In 1900, land held by Native American tribes was half that of 1880. Land holdings continued to dwindle in the early 20th century.When the Dawes Act was repealed in 1934, alcoholism, poverty, illiteracy, and suicide rates were higher for Native Americans than any other ethnic group in the United States.ongress hoped that this system would end the dependency of the tribes on the federal government, enable Indians to become individually prosperous, and assimilate the Indians into mainstream American life. After 25 years, participants would become American citizens. The Dawes Act was widely resisted.