Which of the Following Statements Accurately Describes the Alternative Minimum

question 129

Multiple Choice

Which of the following statements accurately describes the alternative minimum tax rate(s) ?

• A)The top AMT marginal rate is higher than the top regular tax marginal tax rate.
• B)The AMT rates represent a progressive tax rate structure.
• C)The AMT rate is the same rate for all taxpayers.
• D)None of these.AMT rates are 26% and 28% (higher rate for higher incomes) .This represents a progressive tax rate structure.

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