Tax Policy Center

Alternative Minimum Tax

Individual Taxes: TaxVox
Now that Democrats have taken control of the House, some lawmakers are looking for ways to rewrite the 2017 Tax Cuts and Jobs Act. There...
March 19, 2019Robert McClelland
Individual Taxes: TaxVox
One of the most significant provisions of the Tax Cuts and Jobs Act was its near-repeal of the Individual Alternative Minimum Tax, that complex parallel...
October 2, 2018Howard Gleckman
: TaxVox
The individual alternative minimum tax (AMT) looks like it may survive yet another tax overhaul. But the latest incarnation of the tax may look very...
December 6, 2017Leonard E. BurmanJoseph Rosenberg
Individual Taxes: TaxVox
Like many of the five million tax filers who must pay the Alternative Minimum Tax (AMT), I am trapped. I wrote a big check to...
May 12, 2017Roberton C. Williams
Individual Taxes: TaxVox
It turns out that Donald Trump and I are members of the same club. Who knew? But this one is somewhat less exclusive than, say,...
March 15, 2017Howard Gleckman
: TaxVox
What might happen to federal highway funding? Clues next week? Both tax-writing committees will hold hearings on long-term funding for the Highway Trust Fund. The House Ways & Means Committee will hold its hearing on Wednesday . The Finance panel will meet on Thursday. The Fund currently relies
June 12, 2015Renu Zaretsky
: TaxVox
The House plans a vote to repeal the estate tax today. Repealing the levy would cut taxes by $270 billion over 10 years for 0.2 percent of the nation’s richest estates. The White House and Democrats are vehemently opposed . The Joint Committee on Taxation estimates that 5,400 estates will face the
April 16, 2015Renu Zaretsky
Individual Taxes: TaxVox
The tax act Congress passed early on New Year’s Day permanently patched the alternative minimum tax (AMT), sparing tens of millions of Americans from the...
August 26, 2013Roberton C. Williams
Individual Taxes: TaxVox
From the start of his 2008 campaign, President Obama has called for raising taxes on the rich. He got much but not all that he...
April 11, 2013Roberton C. Williams
Campaigns, Proposals, and Reforms: TaxVox
House Budget Committee Chair Paul Ryan (R-WI) has proposed a controversial plan to balance the budget in 10 years , entirely by cutting planned spending...
March 12, 2013Howard Gleckman