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tpc > Press Room > Citation Archive

Week in Review

Author: David Cay Johnston

Published: September 22, 2002

TAXING FUTURE:
A study released by the Brookings Institution and the Urban Institute concluded that, by 2010, 97 percent of families with two children and income of $75,000 to $100,000 would lose a large part of 2001 Bush tax cuts as they are forced into a tax system, known as the alternative minimum tax, intended to apply to the wealthy.