I see it a lot on this forum. Sad really. The AMT is a crime.
Even the name "AMT" is a misnomer unless you first accept a Socialist definition.
A TRUE "Alternative Minimum Tax" would mean that EVERYBODY paid some minimum amount of tax. It would not be targeted at the wealthy like the AMT is.
It would be some flat percentage tax that applied to all income -- without any deduction, exemptions, or credits -- to ensure an active interest in intelligent government spending even at the lowest levels of income.
Instead, the AMT targets the most productive people in our society and ignores the growing horde of less productive people that pay nothing.
The purpose of the progressive income tax and the AMT in particular is to chain the John Galts to their oars and be sure they keep working for the benefit of all the have-nots.
The scariest part is that the have-nots now control the entire world. Where can you find a Galt's Gulch to escape their demands ?