- 27 -
1999); Keese v. Commissioner, T.C. Memo. 1995-417;
Christine v. Commissioner, T.C. Memo. 1993-473; Ross v.
Commissioner, T.C. Memo. 1987-500.
Finally, even if we agreed with petitioners that the
application of the alternative minimum tax produces an
inequitable result in this case, it is not for us to change
that result. It is well established that such an equitable
argument cannot overcome the plain meaning of the statute.
See, Sinyard v. Commissioner, ___ F.3d ___; Benci-Woodward
v. Commissioner, 219 F.3d at 944; Alexander v.
Commissioner, 72 F.3d at 946-947; Weiser v. United States,
supra at 148-149; Okin v. Commissioner, 808 F.2d at 1342.
Based upon the foregoing, and concessions of the
parties,
Decision will be entered
under Rule 155.
Page: Previous 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 Last modified: May 25, 2011