Millions more Americans could be subject to the AMT this year if Congress fails to reach a deal on the "fiscal cliff," including those making as little as $33,750 a year and joint filers making $45,000.
Any euphoria the Obama administration feels is likely erased by the thought of getting a second term agenda passed through a still divided Congress.
There may not be a more contentious issue between President Obama and Mitt Romney in this election than taxes. Here's what each of them have said they would do about taxes.
Congress has failed to come up with any kind of comprehensive policy on immigration, and it looks like it won't do so anytime soon. However, that hasn't stopped the presidential candidates taking a position on the hot button issue.
There hasn't been all that much talk this election about U.S. energy policies and the environment. But there are some major differences between the two presidential candidates. So here are the stated positions of President Obama and Mitt Romney.
So what will President Obama and Mitt Romney say they'll do about education if they're in the White House in the next four years? Take a look at their positions.
Both candidates have different takes on the issue, so here's a look at where they stand on health care as well as Social Security and Medicare.
As for what President Obama and Mitt Romney say they will do if elected, here's a look at their ideas for the economy and the related issue of debt.