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Taxation

Theses Digitization Project

2006

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Alternative Minimum Tax: A Middle Class Burden, Kelly Ann Williams Jan 2006

Alternative Minimum Tax: A Middle Class Burden, Kelly Ann Williams

Theses Digitization Project

Since its inception in 1969, the Alternative Minimum Tax (AMT) has been utilized to keep taxpayers with higher income from taking advantage of loopholes and paying little or no income tax. This project presents an outline of what the AMT is, how it is calculated, and its history; and also illustrates why the AMT is no longer viable today.