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Should be careful here at least to notice the difference in the AMT crowd and the cap gains crowd.

The bill includes the AMT adjustment for inflation to keep a bunch of "middle class" folks from getting hit by the AMT. Never mind that the AMT is a lot like the "flat tax" system conservatives sometimes espouse (flat, except they would exempt investment income completely, ha ha).

Politicians on both sides of the aisle will gladly vote to keep AMT from becoming the defactor primary source of income tax revenue. But Republicans never talk about any permanent fix for AMT, and always exclude the cost of extending AMT indexing to inflation when they account for how they will pay for more tax cuts for the investor class.

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