[Torie]

I agree with everything you said. And tax favoritism is in general bad. It is a form of government spending that in general is not conducive to producivity, but rather to economic distortion. In general, it should be resisted. Schedule A is mischievious, albeit less than before.

[the bottle let me down]

Schedule A is mischievious, albeit less than before.

As much as I hate them, the AMT, and more importantly, the phase out of itemized deductions limit the distorting effect of Congressional willingness to monkey with the tax code. Of course, lower marginal rates would be a better way to achieve the same result.