Question 1: What is the AMT?
Question 2: To whom does it apply?
Question 3: What is the rationale behind the AMT?
Question 4: Describe why the AMT is often referred to as a form of "stealth taxation."
Question 5: Do you think the AMT is necessary? Support your position. If you are against the current version of the AMT, be sure your response includes whether you would repeal or amend the current version. Again, be sure to support your position.