Policy Watch: The Expanding Reach of the Individual Alternative Minimum Tax
介绍了美国个人替代最低税（AMT）的起源、当前覆盖范围急剧扩大的原因（未随通胀调整及2001年减税影响），并讨论了该税在公平、效率方面的争议及复杂性，最后分析了改革选项。
The individual alternative minimum tax (AMT) was designed in 1970 to apply reduce aggressive tax sheltering, but under current law will grow to cover tens of millions of households in the next decade. The growth occurs because the AMT is not indexed for inflation and the 2001 tax cut reduced regular income taxes but not the AMT. AMT growth is troubling because the tax has questionable effects on equity and efficiency and is inordinately complex. This paper describes the AMT, discusses economic issues related to the alternative minimum tax, and examines options for reform.