Tax cuts for the rich?

[dude1394]

Watching the dems at work is going to be cute. So the first tax policy they plan to take up is the Alternative Minimum Tax. Now I'm all for tax cutting but this one is cute.

So lowering taxes across the board is tax cuts for the RICH! But...getting rid of the AMT that most adversely effects the 100K-500K tax brackets is populism Heh.

http://www.washingtonpost.com/wp-dyn...111001800.html

Democratic leaders this week vowed to make the alternative minimum tax a centerpiece of next year's budget debate, saying the levy threatens to unfairly increase tax bills for millions of middle-class families by the end of the decade.
....
The impact is harshest on taxpayers with annual incomes of $100,000 to $500,000. The truly rich typically are not affected because their regular tax rates already are higher than under the AMT.

I haven't thought about how they would replace all of that revenue that they will "lose". Maybe the economy will increase?