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What is the purpose of the Alternative Minimum Tax (AMT) in the federal tax system? a. To provide tax breaks for low-income individuals b. To
What is the purpose of the Alternative Minimum Tax (AMT) in the federal tax system? a. To provide tax breaks for low-income individuals b. To ensure high-income individuals pay a minimum amount of tax c. To eliminate all tax deductions d. To encourage investment in the stock market
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