I have to agree with your “hapless losers” comment . But this bill still saves me $11,000 on 2012 AMT; it just delays the 2013 fight, but is a “win” for me with no 2012 AMT increase.
The Republicans lack courage to tell the truth about the perils of our debt and spending fiasco. Fewer than 1% of the population really understand the magnitude of the spending problem using honest, GAAP accounting. That deficit is more like $7 trillion per year, and the balance sheet is horrific.
I’m pretty sure the AMT relief will help me as well but I’m not smart enough to figure it out right now and will have to wait until we visit our tax guy. You are way ahead of me in the accounting department. :)
Agree with your point that Republicans don’t have the courage to “tell the truth about the perils of our debt and spending fiasco”. They have been party to the reckless spend-athon that has put the country on the edge of a financial abyss, no question about it.
One thing about Democrats I admire: they play to win. With a few exceptions, Republicans are just grandstanders who are content to go along with business as usual.