Tax Policy Center

Repeal AMT, Implement 4% AGI Surtax Above 100/200K

Individual Taxes: Alternative Minimum Tax

T07-0134 - Repeal AMT and Implement 4% Surtax on AGI Above $100,000/$200,000, Distribution of Federal Tax Change by Cash Income Class, 2007

Distribution of federal tax change by cash income class for a proposal that repeals the individual alternative minimum tax (AMT) and replaces it with a surtax of 4% of adjusted gross income above $200,000 for joint tax units and above $100,000 for tax units of other filing statuses. The proposal is revenue-neutral over the period 2007-17.

May 15, 2007
Individual Taxes: Alternative Minimum Tax

T07-0135 - Repeal AMT and Implement 4% Surtax on AGI Above $100,000/$200,000, Distribution of Federal Tax Change by Cash Income Percentile, 2007

Distribution of federal tax change by cash income percentile for a proposal that repeals the individual alternative minimum tax (AMT) and replaces it with a surtax of 4% of adjusted gross income above $200,000 for joint tax units and above $100,000 for tax units of other filing statuses. The proposal is revenue-neutral over the period 2007-17.

May 15, 2007
Individual Taxes: Alternative Minimum Tax

T07-0136 - Repeal AMT and Implement 4% Surtax on AGI Above $100,000/$200,000, Distribution of Tax Units by Change in Marginal Tax Rate, 2007

Distribution of tax units by the change in the marginal tax rate (the share of the next dollar earned paid in federal taxes) by cash income class for a proposal that repeals the individual alternative minimum tax (AMT) and replaces it with a surtax of 4% of adjusted gross income above $200,000 for joint tax units and above $100,000 for tax units of other filing statuses. The proposal is revenue-neutral over the period 2007-17.

May 15, 2007
Individual Taxes: Alternative Minimum Tax

T07-0140 - Repeal AMT and Implement 4% Surtax on AGI Above $100,000/$200,000, Static Impact on Individual Income Tax Liability and Revenue ($ billions), 2007-17

2007-17 Static impact on individual income tax liability and revenue for a proposal that repeals the individual alternative minimum tax (AMT) and replaces it with a surtax of 4% of adjusted gross income above $200,000 for joint tax units and above $100,000 for tax units of other filing statuses (in 2007 dollars, indexed for inflation). The proposal is revenue-neutral over the period 2007-17.

May 21, 2007
Individual Taxes: Alternative Minimum Tax

T07-0141 - Repeal AMT and Implement 4% Surtax on AGI Above $100,000/$200,000, Distribution of Federal Tax Change by Cash Income Class, 2010

2010 Distribution of federal tax change by cash income class in 2010 for a proposal that repeals the individual alternative minimum tax (AMT) and replaces it with a surtax of 4% of adjusted gross income above $200,000 for joint tax units and above $100,000 for tax units of other filing statuses (in 2007 dollars, indexed for inflation). The proposal is revenue-neutral over the period 2007-17.

May 21, 2007
Individual Taxes: Alternative Minimum Tax

T07-0142 - Repeal AMT and Implement 4% Surtax on AGI Above $100,000/$200,000, Distribution of Federal Tax Change by Cash Income Percentile, 2010

2010 Distribution of federal tax change by cash income percentile in 2010 for a proposal that repeals the individual alternative minimum tax (AMT) and replaces it with a surtax of 4% of adjusted gross income above $200,000 for joint tax units and above $100,000 for tax units of other filing statuses (in 2007 dollars, indexed for inflation). The proposal is revenue-neutral over the period 2007-17.

May 21, 2007
Individual Taxes: Alternative Minimum Tax

T07-0143 - Repeal AMT and Implement 4% Surtax on AGI Above $100,000/$200,000, Distribution of Federal Tax Change by Cash Income Class, 2017

2017 Distribution of federal tax change by cash income class in 2010 for a proposal that repeals the individual alternative minimum tax (AMT) and replaces it with a surtax of 4% of adjusted gross income above $200,000 for joint tax units and above $100,000 for tax units of other filing statuses (in 2007 dollars, indexed for inflation). The proposal is revenue-neutral over the period 2007-17.

May 21, 2007
Individual Taxes: Alternative Minimum Tax

T07-0144 - Repeal AMT and Implement 4% Surtax on AGI Above $100,000/$200,000, Distribution of Federal Tax Change by Cash Income Percentile, 2017

2017 Distribution of federal tax change by cash income percentile in 2010 for a proposal that repeals the individual alternative minimum tax (AMT) and replaces it with a surtax of 4% of adjusted gross income above $200,000 for joint tax units and above $100,000 for tax units of other filing statuses (in 2007 dollars, indexed for inflation). The proposal is revenue-neutral over the period 2007-17.

May 21, 2007
Individual Taxes: Alternative Minimum Tax

T07-0145 - 2001-2006 Tax Cuts Plus Repeal AMT and Implement 4% Surtax on AGI Above $100,000/$200,000, Distribution of Federal Tax Change by Cash Income Class Against Pre-EGTRRA Baseline, 2010

2010 Distribution of federal tax change by cash income class in 2010 for the combined effect of the 2001-2006 tax cuts, repeal of the individual alternative minimum tax (AMT), and implementation of a surtax of 4% of adjusted gross income above $200,000 for joint tax units and above $100,000 for tax units of other filing statuses (in 2007 dollars, indexed for inflation).

May 21, 2007
Individual Taxes: Alternative Minimum Tax

T07-0146 - 2001-2006 Tax Cuts Plus Repeal AMT and Implement 4% Surtax on AGI Above $100,000/$200,000, Distribution of Federal Tax Change by Cash Income Percentile Against Pre-EGTRRA Baseline, 2010

2010 Distribution of federal tax change by cash income percentile in 2010 for the combined effect of the 2001-2006 tax cuts, repeal of the individual alternative minimum tax (AMT), and implementation of a surtax of 4% of adjusted gross income above $200,000 for joint tax units and above $100,000 for tax units of other filing statuses (in 2007 dollars, indexed for inflation).

May 21, 2007
Individual Taxes: Alternative Minimum Tax

T07-0147 - Repeal AMT and Implement 4% Surtax on AGI Above $100,000/$200,000, Distribution of AMT and AGI Surtax by Cash Income Class, 2007

2007 Distribution of AMT liability under current law and distribution of the AGI surtax under the proposed AMT reform option: repeal of the individual AMT and implementation of a 4% of adjusted gross income (AGI) surtax on incomes above $200,000 for joint tax units and $100,000 for other filing statuses (in 2007 dollars, indexed for inflation).

May 21, 2007
Individual Taxes: Alternative Minimum Tax

T07-0148 - Repeal AMT and Implement 4% Surtax on AGI Above $100,000/$200,000, Distribution of AMT and AGI Surtax by Cash Income Class, 2010

2010 Distribution of AMT liability under current law and distribution of the AGI surtax under the proposed AMT reform option: repeal of the individual AMT and implementation of a 4% of adjusted gross income (AGI) surtax on incomes above $200,000 for joint tax units and $100,000 for other filing statuses (in 2007 dollars, indexed for inflation).

May 21, 2007
Individual Taxes: Alternative Minimum Tax

T07-0149 - Repeal AMT and Implement 4% Surtax on AGI Above $100,000/$200,000, Distribution of AMT and AGI Surtax by Cash Income Class, 2017

2017 Distribution of AMT liability under current law and distribution of the AGI surtax under the proposed AMT reform option: repeal of the individual AMT and implementation of a 4% of adjusted gross income (AGI) surtax on incomes above $200,000 for joint tax units and $100,000 for other filing statuses (in 2007 dollars, indexed for inflation).

May 21, 2007
Individual Taxes: Alternative Minimum Tax

T07-0151 - Current-Law AMT Liability, Proposed Surtax, and Change in Tax for Sample Families, 2007

2007 Presents current-law alternative minimum tax (AMT) liability the amount of the proposed AGI surtax, and the net change in tax for repeal of the AMT and implementation of the surtax for sample families of different sizes and filing statuses at different income levels. The Tax Policy Center proposal repeals the AMT and replaces it with a surtax of 4 percent of adjusted gross income above $200,000 for joint returns and above $100,000 for other filing statuses.

June 3, 2007