THE ALTERNATIVE,MINIMUM,TAX,INCOME TAX,THE UNITED STATES,FEDERAL,GOVERNMENT,ADDITION,BASELINE,CERTAIN,INDIVIDUALS,CORPORATION,TRUSTS,SPECIAL CIRCUMSTANCES,PAYMENTS,STANDARD,NEARLY,FLAT RATE,AMOUNT,TAXABLE INCOME,ABOVE,THRESHOLD,ALSO KNOWN AS,EXEMPTION,HIGHER,REGULAR,DIFFERENTLY,DEPRECIATION,MEDICAL EXPENSES,DEDUCTION,STATE,TAXES,ITEMIZED DEDUCTIONS,COMPUTING,INCOME,TAXPAYERS,INCOMES,WHOSE,BELOW,MUST,THE HIGHER,PREDECESSOR,ENACTED,BENEFITS,THE PRESENT,LIMITS,VARIETY,PRESIDENT BARACK OBAMA,SIGNED,THE AMERICAN,TAXPAYER,RELIEF,ACT OF,INFLATION,SUBJECT TO,GREATER,ALTERNATIVE MINIMUM TAX,EFFECTIVE,MARGINAL TAX RATES,BRACKET,PHASE,HIGH,INCREASING,RATES,FILING STATUS,RATE,PHASED,CAPITAL GAINS,EFFECTIVELY,CHANGES,AVERAGE,ANNUAL,GROSS,LESS,PRIOR,CONTINUE,MEET,FIRST YEAR,AS IF,FOR ALL,EXTENT,FUTURE,CREDIT,OFFSET,APPLY,LIMITED,DETAILS,SECTION,BASIS,LINES,TAX RETURN,CORPORATE,SCHEDULE J,FOREIGN TAX CREDIT,PERSONAL,PERSONAL EXEMPTION,EXCEPT,HIGH INCOME,THE STANDARD,LOCAL,FOREIGN,DEDUCTIBLE,ITEMIZED DEDUCTION,SIGNIFICANT OTHER,ADJUSTMENTS TO INCOME,FILE,IRS,FILED,CLAIM,THE FLOOR,EMPLOYEE,BUSINESS,TAX PREPARATION,FEES,THE HOME,MORTGAGE INTEREST DEDUCTION,INTEREST,PURCHASE,MONEY,MORTGAGES,ONLY IF,EXCEED,ADJUSTED GROSS INCOME,INCLUSION,ELEMENT,INCENTIVE STOCK OPTION,EXERCISED,WHETHER,STOCK,IMMEDIATELY,SOLD,THE EFFECT,RECOGNIZING,SOONER,THE STRAIGHT,METHOD,LONGER,LIVES,MACRS,PREFERENCES,RELATED,CIRCULATION,COSTS,MINING,RESEARCH,EXPERIMENTATION,DRILLING,LONG TERM,CONTRACTS,INSTALLMENT,SALES,ADJUSTMENT,DOWN,CURRENT,EARNINGS,PARTNER,SHAREHOLDERS,SHARE,FLOW,THE PARTNER,SHAREHOLDER,THE PARTNERSHIP,REDUCED,RATHER,BUSINESS TAX,CREDITS,TAX REFORM,TREASURY SECRETARY,JOSEPH,ENACTMENT,ACTION,ANNOUNCEMENT,HOUSEHOLDS,PAID,DIME,INCOME TAXES,TAKEN,ADVANTAGE,LIABILITIES,ZERO,CONGRESS,ADD ON,ON HIGH,EQUAL TO,SUM OF,IN EXCESS,PLUS,THE TAXPAYERS,LIABILITY,EXPLANATION,THE ACT,STAFF,THE JOINT,COMMITTEE ON,INTERNAL REVENUE,TAXATION,REASON,NO LIMIT,VARIATIONS,SIMILAR,ECONOMIC,SIZE,PREFERENCE,GENERAL,BULK,PERSONAL SERVICES,MANUFACTURING,TAXED,TAX RATES,ON THE OTHER HAND,SOURCES,POSITION,BENEFIT,NET LEASE,ACCELERATED DEPRECIATION,REAL ESTATE,PERCENTAGE,DEPLETION,IN FACT,PROVISIONS,EFFECTIVE RATES,MODEST,EXTREME,CASES,AT ALL,THIS WAS,TRUE,EXAMPLE,THE CASE,RETURNS,APART,DO NOT,SHOW,THE RETURNS,NUMBER,REAGAN ERA,TAX EQUITY AND FISCAL,RESPONSIBILITY,THE LAW,CHANGED,PARALLEL,TAX SYSTEM,THE CURRENT,STRUCTURE,PARTICIPATION,REVENUES,OMNIBUS BUDGET RECONCILIATION,ACTS,RAISED,LEVEL,SPECIAL,ONE YEAR,PATCHES,IMPACT,CHANGE,TIMES,TAX RATE,TAX YEAR,THE PATCH,ALREADY,HAD TO,TABLE,MARRIED,FILING,ALTERNATIVE,COMPREHENSIVE,MEASURE,CONCEPTUALLY,TAX CREDITS,THE TAXPAYER,REDUCE,MINUS,C,PARTNERSHIPS,GENERALLY,PASS,PARTNERS,PERSONS,CONNECTED,TRADE,TYPE,LONG TERM CAPITAL,POINTS,THE ACTUAL,MARGINAL TAX RATE,POINT,STOP,IN OR,HALF,FULL,UP TO,TWICE,NEGATIVE,GETS,NEVER,ACTUALLY,COUPLE,SPOUSE,PRESUMPTION,THE OTHER,ON THEIR OWN,RETURN,ONCE,CEASES,NEVER AGAIN,LIMIT,ALL MEMBERS,GROUP,ASSETS,THE CLASS,THE ASSET,RECOGNIZE,GAIN,LOSS,DISPOSAL,ASSET,POLLUTION CONTROL,FACILITY,THE YEAR,ACQUISITION,THE ASSETS,CALCULATIONS,ACQUIRED,PERCENTAGE OF COMPLETION,MINE EXPLORATION,DEVELOPMENT,CAPITALIZED,AMORTIZED,POLLUTION CONTROLS,ALCOHOL,FUELS,PROPERTY TAXES,RECOVERY,THIS IS NOT,UNIQUE,EXPENSE,DEBT,USED TO,ACQUIRE,CONSTRUCT,IMPROVE,PRINCIPAL,UNAFFECTED,REFINANCING,INVESTMENT,NET INVESTMENT,INCENTIVE STOCK OPTIONS,PLANS,THE EMPLOYEE,COMPENSATION,THE EMPLOYER,SHARES,THE DIFFERENCE,COST,LIFO,CONTRIBUTIONS,FARM,ACTIVITY,WITH RESPECT TO,RULES,INSOLVENT,TAX EXEMPT,BONDS,FINANCE,PRIVATE,MUTUAL FUND,SMALL BUSINESS,ELECT,WRITE OFF,LIEU,NOTE,THUS,DEFERRAL,EXERCISE,EXERCISING,STOCK OPTION,SPREAD,PRICE,THE STRIKE,FAIR MARKET VALUE,THEREFORE,NEEDS,CALCULATION,EVEN THOUGH,ORDINARY INCOME,CONTRAST,CAPITAL GAINS TAX,SHARES OF STOCK,SOMEONE,NORTEL,STOCK PRICE,SELLING,THE REAL,PREVENT,PEOPLE,LOOPHOLE,TAX LAW,UNREALIZED,CANNOT,CASH,ONTO,HOPING,SHORT TERM,CAPITAL GAINS TAXES,FORCED,THE END,WORTH,FORCING,BANKRUPTCY,EVENTUALLY,SELL,THE WAY,LESS THAN,PROBLEMS,SUFFICIENT,COVER,OPTIONS,PRIVATELY HELD COMPANIES,CALCULATES,INFORMATION,COMPANY,VALUE,MARKET,LEGAL,LOCK UP PERIOD,CASE,IMPOSSIBLE,OPTION,UNLESS,ENOUGH,TARGET,MILLIONS,FAMILIES,THE LAST,DECADE,JUMPED,TOTAL,PRIMARY,FACT,MEANS,KEEP,PACE,THE COST OF LIVING,WORKERS,TAX POLICY CENTER,RESEARCH GROUP,THE BUSH,TAX CUTS,GONE,PROJECTED,INDEXING,BUDGET,PROPOSAL,BILLION,INDIVIDUAL INCOME TAX IN,RECENT,EXPANSION,BRACKETS,TRIGGERED,REFER TO,TAKE BACK,EFFECT OF THE BUSH TAX CUTS,THE STRUCTURE,CALCULATING,LIVE IN,MORE MORE,SMALLER,ATTENTION,TAX CUT,LOWERED,THE INTENDED,TARGETS,THE LAWS,PARTICULARLY,RESIDENT,CITIES,MORTGAGE INTEREST,THE POTENTIAL,LARGE NUMBERS,DEPENDENTS,CHILDREN,ACTED,TRIGGERING,MIDDLE INCOME,FINDING,THEMSELVES,LACK,BRACKET CREEP,CAUSING,REDUCTION,OVERALL,PAYABLE,INCREASE,IRSS,NATIONAL,ADVOCATES,REPORT,PROBLEM,TAX CODE,THE ADVOCATE,LIVING,COMPLEXITY,LEADS,BRIEF,CONGRESSIONAL BUDGET OFFICE,THE COMING,NOTHING,REACH,UPPER,PRESSURES,GROW,CBOS,CURRENT LAW,ANALYSIS,TEX