Just about everyone in Washington agrees that the Alternative Minimum Tax needs reform. The hard part is finding the money. So where does President Bush intend to look for it? Well, where he always does, of course -- in the pockets of the middle class.
Eliminating the increasingly unpopular alternative minimum tax could require even more unpleasant tax changes, such as reducing deductions for mortgage interest, charitable contributions and health care costs, the leaders of President Bush's tax panel warned Tuesday.
Lovely.
