would benefit mostly the wealthy and corporations.
Just a highlight or two ---
Yes, the AMT is going to hit more middle class families, but the solution to that little problem is to raise the income level at which the AMT kicks in, not abolish it altogether. The idea of an alternative minimum tax was to keep the rich from using various loopholes to get out of paying all but a token amount of taxes.
McCain wants to make it harder for Congress to raise taxes. Me, I'd like to see it harder for Congress to lower taxes, especially all those tax breaks they've been giving to the rich.