Tax Policy Center

Model Estimates

Browse Model Estimates

T07-0128 - Revenue-Neutral AMT Exclusion Up to $250,000, Distribution of Federal Tax Change by Cash Income Percentile, 2007

2007 Distribution of federal tax change by cash income class if taxpayers with adjusted gross income less than $250,000 are excluded from the AMT, AMT liability is phased in between $250,000 and $500,000, and the AMT rates are increased to 35 percent (all thresholds reduced by half for single and head of household returns)"

April 19, 2007