Interesting article in today’s U.S. News & World Report:  How Democrats Plan to"’Rearrange" Your Taxes, by James Pethokoukis

I’m not exactly sure what changes to the tax code New York Democrat Charles Rangel, chairman of the House Ways and Means Committee, is planning to propose to pay for a fix in the alternative minimum tax. In an interview with Bloomberg, he said Congress could "rearrange" tax rates. And here is what he told Fox News, when he asked if was going to try to roll back the Bush tax cuts:

"No, we’re not talking about that, but we are–we may be talking about redirecting those tax cuts. You know, we have 23 million people in this country that have alternative minimum tax burdens, close to $1 trillion over the next 10 years, and that’s not even on the president’s radar screen. … And so within the system, there can be more equity without increasing the tax burden."