A House subcommittee met yesterday to examine the impact of the alternative minimum tax on individual taxpayers, particularly middle-income taxpayers who were never intended to be subject to the tax.

The House Ways and Means Subcommittee on Select Revenue Measures heard from a number of experts, including the incoming chairman of the American Institute of CPAs’ Individual Income Tax Technical Resource Panel, Joseph W. Walloch, and the president-elect of the New York State Society of CPAs, David A. Lifson.

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