The precursor to the Alternative Minimum Tax enacted by the Tax Reform Act of 1986 was the

Question:

The precursor to the Alternative Minimum Tax enacted by the Tax Reform Act of 1986 was the minimum tax, which was originally enacted in 1969. Find a website that discusses the rationale for the 1969 minimum tax. Describe the taxpayer profile that persuaded Congress to enact the original minimum tax. Summarize your findings in no more than five PowerPoint slides to present to your school's accounting club.