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Alternative Tax Takes a Large Bite

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Alternative Tax Takes a Large Bite

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Alternative Tax Takes a Large Bite

Alternative Tax Takes a Large Bite

  • Download
  • <iframe src="https://www.npr.org/player/embed/1838936/1838937" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

More middle-class Americans are getting snared in a costly parallel tax system called the Alternative Minimum Tax. Under the AMT, taxpayers owe more in taxes, often significantly more, than they would under the regular rules. NPR's Kathleen Schalch reports.