The alternative minimum tax was created in 1969 to ensure that high-income taxpayers did not exploit tax laws to reduce or eliminate their federal income tax. By 2010, it is expected to affect 36 million taxpayers, particularly upper-middle-class families with children. This slide show provides an overview and history of the tax; Tax Policy Center projections; an examination of equity, efficiency, and complexity issues; and reform options. The show is based on the discussion paper "The Individual AMT: Problems and Potential Solutions."