>>For me, it’s not a cut.<<
Me neither. I specifically remember Trump promising top corporate tax rates at 15%. Porcupine with a balloon (that didn’t last).
Call me nostalgic but miss the good old days when a tax cut meant that I got to keep more of my money.
I get hit by the AMT every year because the AMT cuts out my itemized deductions. If the bill gets rid of the AMT and the deductions it does me no good at all. In fact I’ll probably pay more because the AMT kicks in after a threshold and getting rid of the deductions will probably lower the amount that I don’t have to pay tax on.