Why is it a bad idea do tell
why is it a bad idea? because I don't want to be paying full freight on my federal income tax, while some dude who has structured a 4 million dollar mortgage on his vacation Malibu beach house gets to get full credit for that deduction and reduce his federal income tax liability to some astonishingly low number.
when we have these threads about taxes, I can understand everyone coming in here and saying "I hate taxes". Hey, I hate them too, but someone has to pay.
the original intent of the AMT was sound - its the thresholds that need significant adjustment.