Check out Dana's TPM Cafe post on the AMT. After months of delays and anticipation, House Ways and Means Chair Charles Rangel (D-NY) finally unveiled his self-described "mother of all tax bills" last week, the Tax Reduction and Reform Act. The revenue-neutral trillion-dollar bill proposes the abolition of the Alternative Minimum Tax (AMT), a package of "offsets" to pay for it, and a progressive redistribution of the regular income tax. The first test of the bill's viability comes tomorrow, when the Ways and Means Committee considers a small, short-term piece of the bill, the Temporary Tax Relief Act. The bill consists of a one-year "patch" to keep 19 million more taxpayers from having to pay the AMT and a one-year extension of various popular tax credits and deductions for R&D, state and local taxes, teachers' supplies expenses, and other goodies.