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T07-0125 - Extend the AMT Patch and Adjust the Exemption for Inflation, Distribution of Federal Tax Change by Cash Income Percentile, 2007

2007 Distribution of federal tax change by cash income percentile for an extension of the current AMT patch with an adjustment to the exemption for inflation. The AMT patch allows personal nonrefundable credits against the AMT and increases the AMT exemption.

April 9, 2007