(1) Those of us subject to the Alternative Minimum Tax (don't get me started on this silliness) in the middle-class and in the upper-income class will not have to worry about it for now.

(2) For example, will lawmakers "patch" the alternative minimum tax, as they usually do, to keep it from encroaching upon the middle class?

(3) The plan also creates a new alternative minimum tax ( initially 16 %, rising to 19 % ) on firms.

(4) The alternative minimum tax (AMT) was designed to make sure that high-income taxpayers who heavily utilize tax shelters would pay at least some federal income tax.

(5) In addition, repealing the alternative minimum tax would also help.

(6) Sen. McCain proposes eliminating the Alternative Minimum Tax. The AMT is, basically, a flat tax of 28% on incomes over a certain level.

(7) He'd also keep the alternative minimum tax in place for many taxpayers.

(8) Simplifies tax filing for thousands of middle-income Californians by increasing the exemption amounts used in calculating the Alternative Minimum Tax.

(9) Gibbs said the White House wants the issue dealt with before Jan. 1 so that taxpayers will avoid seeing more money withheld from their paychecks or being hit by the higher alternative minimum tax.

(10) Mr Bush wants to preserve his broad tax cuts(/alternative minimum tax.html), while the Democrats want to raise taxes on the rich while offering relief for the upper-middle class by adjusting the alternative minimum tax.

(11) This credit is part of the general business credit and generally may not exceed the taxpayer's tax liability over $25,000, or the taxpayer's tax liability under the alternative minimum tax.

(12) Examples are higher payments for doctors treating Medicare patients and fixing the Alternative Minimum Tax to keep middle class taxpayers immune from the tax meant for millionaires.

(13) For individuals, congressional aides stressed the new levy would be in addition to the existing tax system, both the regular income tax and the alternative minimum tax.

(14) After pulling out spending for later years, and the alternative minimum tax fix, the Obama package provides about $300bn a year in stimulus.