It's good the the AMT is still alive. This is the last remaining provision of the tax code that keeps it relatively fair and partially limits the 'deduct everyt

It's good the the AMT is still alive. This is the last remaining provision of the tax code that keeps it relatively fair and partially limits the 'deduct everything' and structuring powers of the rich. The same outcome can probably be achieved by another system / other changes, but the AMT was added back in to keep the revenue raised the same (with the pass-through company tax cutes), so it clearly would still pull some people.