In Deciding to Enact the Alternative Minimum Tax, Congress Was

question 106

True/False

In deciding to enact the alternative minimum tax, Congress was concerned about the inequity that resulted when taxpayers with substantial economic incomes could avoid paying regular income tax.

---

Definitions:

Orbital Decompression

A surgical procedure used to relieve pressure within the eye socket (orbit), often for conditions like Graves' ophthalmopathy.

Eye

An organ of vision that detects light and converts it into electro-chemical impulses in neurons.

Socket

A cavity or opening into which something fits, such as a lightbulb socket or the eye socket.

Hormone

A chemical substance produced in the body that regulates and controls the activity of certain cells or organs.