How might we improve the AMT? Q.How might we improve the AMT? A.Congress could retarget the AMT to its original purpose or enact a major overhaul of the income tax system, eliminating the need for an alternative tax. Read more about How might we improve the AMT?
How much revenue does the AMT raise? Q.How much revenue does the AMT raise? A.About $38 billion in 2017, or about 2.5 percent of all individual income tax revenue. By 2027, AMT revenue will total $60 billion, or 2.4 percent of all individual income tax revenue. Read more about How much revenue does the AMT raise?
How might we improve the AMT? Q.How might we improve the AMT? A.Congress could retarget the AMT to its original purpose or enact a major overhaul of the income tax system, eliminating the need for an alternative tax. Read more about How might we improve the AMT?
