A discussion on possible ways to lobby congress to change the alternative minimum tax (AMT.)
Written in 2002; 2,438 words; 0 sources; MLA; $ 74.95
Paper Summary:
This research paper discusses how one would go about lobbying Congress to modify the AMT. The paper offers an approach to seek a dilution of the impact of the AMT particularly on the middle class. The paper begins with suggesting an appeal to key Congressional committee members in both parties, followed by building grassroots support for it among key Congressional constituencies and enlisting the assistance of various interest groups. Specifically this paper looks at an important ancillary lobbying effort to directed at the George Bush administration.
From the Paper:
"The AMT was first included in the Internal Revenue Code (IRC) in 1969 and has since been expanded by legislative amendments, especially under the Tax Reform Act of 1986. The AMT was designed to ensure that all taxpayers, especially wealthier ones, paid a minimum tax which was higher than would be due if all otherwise allowable exemptions, deductions and credits were given full effect in the computation of the federal income tax due from a taxpayer in any given calendar year."
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