More AMT Options

• A Simple Progressive Replacement for the AMT describes an option that repeals the AMT and replaces it with an add-on tax of four percent of adjusted gross income above $100,000 for singles and $200,000 for couples.
• Fixing the AMT by Raising Tax Rates comments on the economic and political perspectives of reform and stresses that real reform involves winners and losers.
• The Individual Alternative Minimum Tax. Len Burman’s testimony outlines the AMT more generally and discusses possible reform options with an emphasis on why financing reform or repeal is important.
• Options to Fix the AMT examines a variety of implications of AMT repeal of reform and an array of options for offsetting the revenues lost under such options.
• Suppose They Took the AM Out of the AMT examines the implications of basing a reformed tax system on AMT rules.
• The Expanding Reach of the Alternative Minimum Tax. In addition to discussing the origins and economics of the AMT, this paper outlines options for reform including indexing the AMT for inflation.

Estimates

• Projected data relating to the AMT including the number of AMT taxpayers; the amount of AMT revenue; the average AMT payment; the distribution of AMT taxpayers by income, filing status, and level of state taxes; the distribution of AMT liability by income; and the interaction of the AMT with the 2001-2006 tax cuts.
• 2010 distribution tables of federal tax change for the repeal of the alternative minimum tax.
• Estimates of the revenue effects and distributional impact of repealing the AMT and imposing a 4 percent surtax on AGI over $100,000 ($200,000 for married couples filing jointly)