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.
Correct Answer:
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