In their unseemly rush to get the Senate Tax Bill passed — rush so great that the final 400-odd page version was handed out to Senators only a few hours before the vote, including hand-written marginal notes as part of the law — they managed to screw up their own repeal/reduction of the Alternate Minimum Tax for corporations.
It will probably get “fixed” in reconciliation with the House, but it’s a sign of the dangers in throwing everything and the kitchen sink into complex legislation at the very last second, skipping any hearings or review, and hoping all will turn out okay.
Senate Republicans Accidentally Killed Some of Their Donors’ Favorite Tax Breaks
Passing a tax bill that you wrote over lunch — and never actually read — appears to have some downsides.
ROTFLMAO with schadenfreude.