Because the alternative minimum tax (AMT)is not indexed to inflation:
A) more American families have become subject to the AMT over time.
B) fewer American families have become subject to the AMT over time.
C) every American family is subject to the AMT today.
D) no American family is subject to the AMT today.

Question

Quizplus · Accepted Answer

The lack of indexing to inflation means that the income threshold for the AMT has not increased to keep pace with inflation. As a result, more American families have become subject to the AMT over time.

Because the Alternative Minimum Tax (AMT)is Not Indexed to Inflation