You do realize that the $70B/yr predicted by the CBO does NOT include an AMT ‘patch’.
The Congress will not NOT patch the AMT. Therefore there will NOT be the tax revenues available. But as Obama says, it’s not about revenue, it’s about ‘Fairness’ or so he told Charlie Gibson.
Little did the Dims know when they crafted the AMT all those years ago that it would grow up to become an incredible expanding tax targeted to hit blue states the hardest.