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Which of the following statements is true about the alternative minimum tax? Select one: A. The alternative minimum tax base is typically higher the regular
Which of the following statements is true about the alternative minimum tax? Select one: A. The alternative minimum tax base is typically higher the regular income tax base B. The alternative minimum tax was originally enacted to ensure that higher-income taxpayers pay some minimum amount of income tax each year C. The alternative minimum tax is a tax on an alternative tax base meant to more closely reflect economic income than the regular income tax base D. All of the above are true
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