Given the attention that the Alternative Minimum Tax (AMT) is garnering right now in the media and on Capitol Hill, Gerald Prante, Senior Economist at The Tax Foundation, a nonpartisan tax research group based in Washington, D.C., offers some hypothetical examples of families whose tax liabilities would change if the AMT were "patched," i.e., if the exemption amount were increased for 2007.

Full Text:

The full text of this article can be found at http://www.taxfoundation.org/publications/show/22801.html