Research Report Tax Rates on Capital Gains and Dividends Under the AMT
Benjamin H. Harris, Christopher Geissler
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Recent tax acts sharply lowered tax rates on long-term capital gains and dividend income. For millions of taxpayers, however, the alternative minimum tax limits the benefits from these cuts by increasing the effective marginal tax rates on capital gains and dividend income. The culprit is the phaseout of the AMT exemption.
Research Areas Taxes and budgets
Tags Individual taxes
Policy Centers Urban-Brookings Tax Policy Center