The A.M.T. is a parallel system for calculating tax liability intended to ensure that high-income taxpayers pay a substantial amount in federal tax even if they have large deductions or other items to offset income. — James B. Stewart Copy Share Image
Low-income taxpayers deserve the same rights as everyone else. It was wrong of the IRS to target low-income taxpayers, and I am please by the decision to correct this unfair practice. — Christopher Dodd Copy Share Image