What the New Tax Law Will Mean to Your Return

Published: September 29, 2004

... More than half the total tax benefits will go to those with incomes between $100,000 and $500,000, says Len Burman, a former Treasury Department official and now co-director of the Tax Policy Center, a joint venture of the Urban Institute and the Brookings Institution. This partly reflects a provision extending relief for many people from the alternative minimum tax, or AMT. ...