Just this in…the Democrats are NOT backing Obama’s tax cut plan, so my post on Monday is now incorrect! The assumption was that he could get his Democrats to back him, and while there is still a chance, it is not certain! Another thing to keep in mind (thanks to R.B. for reminding me…i encourage everyone to ask questions and keep me on my toes!)…the AMT has still not been patched for 2010. While about 4 million taxpayers were subject to Alternative Minimum Tax last year, that number could grow to 25 million taxpayers this year if a patch is not set by December 31st! I don’t know about everyone else, but this is keeping me on my toes lately!