Number: RL32942
Title: State and Local Taxes and the Federal Alternative Minimum Tax
Authors: Steven Maguire, Government and Finance Division 
Abstract: The report includes a state-by-state breakdown of the average "taxes paid deduction" and the percentage of AMT filers and itemizers. This information is provided to help policymakers evaluate the effect of possible reforms on constituent governments. The report concludes with a discussion of how congressional action on the AMT could affect state and local governments and taxpayers if Congress takes action dealing with the AMT in 2008.
Pages: 13
Date: September 11, 2008