ALTERNATIVE MINIMUM TAX A LEGISLATIVE HISTORYManz, William H. Item #: 66275 Pages: 3 vols. Published: Getzville; William S. Hein & Co., Inc.; 2009. Subjects: LEGISLATIVE HISTORY, TAXATION When first introduced by the Tax Reform Act of 1969, the ATMonly targeted high-income households that paid little or notax. Its scope was expanded in 1986, disallowing manydeductions and exemptions. In recent years, the AMT has comeunder increasing scrutiny because the failure to index itfor inflation has resulted in more taxpayers' becomingsubject to the tax. The set provides a legislative historyof Congress' 2007 patch to minimize the impact of the tax,including the various bills introduced on the issue duringthe 110th Congress and the accompanying congressionaldebate. It also includes repeal bills and hearings fromprior Congresses on AMT issues dating back to 1986, whichillustrate the controversial nature of the tax and thelong-running effort to deal with the problems it creates.
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